Discussion in 'Chit Chat' started by cstfx, Mar 1, 2009.
I have come to expect them every weekend.
Where are all you doomsayers of the markets?
I've been wondering where all the Bank Closure threads have gone too?!
Interesting to note that since October 2008, the VIX has been in a range of 37 to 96.
Friday's close of 46.35 is in the lower part of that range.
Although the VIX is just one indicator, to me it suggests that there is a fair amount of complacency, despite the Dow and S&P 500 closing at 11 or 12 year lows.
There is no proof that Monday will be Black Monday. If anything I bet we close in the green in a reversal of last weeks sell off.
Every Monday, Tuesday, Wednesday, Thursday and Friday is Black so no need to post the warnings anymore
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Sound familiar? If history is any indication, now is the time to buy.
So it's a given, then?
You know what happened when the boy Peter who cried wolf stopped calling wolf!
What are the estimates for S&P earnings and dividends for 2009?
What are you guys modeling when trading spiders/
Contrarian indicator? Hmmmmm....
What time does Globex open?
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