I know some consider the VIX to be slightly "broken" now, but how long can it remain at 10 to 11? A few weeks ago as you know, it spiked to 17+ and the Dow shaved off 1000 points... Get ready for that again... :eek:
===================== Not a prediction, but a probability of more downtrends in; forest/paper sector, except TIN seems mostly up, even though Carl Ichan backed off his TIN run. SPY and homebuilders & most sectors mostly continuation of uptrends; seldom see any uptrend or downtrend go much without some pullbacks. Didnt see any thing in poll which reflects these views Not a prediction.
I like all things tech at the moment and believe that next weeks earnings in tech will be well recieved. Looking forward to some upside at the moment. Mike
Woo hoo! I got the smallest vote, big @$$ pullback. But I have no idea. I just tried to guess what everybody else wasn't.
I think the institutions will try to jam in more liquidity if there is no significant news {earnings, geopolitical, etc.}. they need this run to keep going--------they are vested long------------hahahahaha! I would love a pullback just to get some volatility back but I will not hold my breath--------------looks like oil will have to go to $100 a barrel to get the s&p down more then 4 points....hahaha! Liquidity is the ruler of the markets right now----------whoever has the most makes the direction.