We're gonna close in the green. Take that Rennick! Black Tuesday? haha. We may be on the verge of the next bull run!
I'm ain't argueing with ya Flapjack. http://www.elitetrader.com/vb/showthread.php?s=&threadid=115216&perpage=6&pagenumber=2
The VIX isn't high enough for this to be a bottom IMO. Too many people are calling this rally for it to be real.
Today's high on the VIX is 37.57. That's the highest reading in 6 years. What do you want to see? 100? 200?
Yes, I don't see a bottom until we hit 40 to 45. The VIX is all the way down to 31.20 right now. That isn't a bottom. The VIX high was right at open. It has been going down steadily since.
market is sooo rigged. Free Market? Not on your life. Does the Fed also do elections? Or is that only Diebold's job. __________________ Please, I'm not a daytrader, I'm an "Intraday Liquidity Provider" IF YOU HAVE TO ASK THAT, YOU SHOULD NOT BE TRADING OPTIONS!!