Discussion in 'Chit Chat' started by KINGOFSHORTS, Mar 25, 2009.
I dont know about the PPT thing..........but the tried and true short set-up at 800, in the p.m. bounce off the bottom, turned into a virtual house of horrors.......I knew it was time to take my licks on the short when Vincent Price appeared on my screen.......
To quote Col. Kurtz " The horror....."
Look at the SPY/VIX.
Notice SPY trading rangebound and the vix creeping up.
That is the ultimate short alarm.
Then notice the vix flatlining right past 15. Time to cover
Anyhow always have a VIX/SPX/volume screen.
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