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Started By
Message
A small sign of light
Posted on 3/18/20 at 8:43 am
Posted on 3/18/20 at 8:43 am
Yesterday I believe we opened limit up, but we did not have a run up at the open. Likewise, today we open the limit down but we are also not experiencing a run down after the open.
I believe we may be seeing the first signs of leveling out. Although I never thought I would refer to 5% up or down as leveling out.
I believe we may be seeing the first signs of leveling out. Although I never thought I would refer to 5% up or down as leveling out.
2
Posted on 3/18/20 at 9:01 am to mule74
I never thought it was possible for the $VIX to be down on a 4% sell-off. Madness
Posted on 3/18/20 at 9:06 am to Sluuuu
quote:Yeah, I saw that, too. I wish I was smart enough to know what signal that is sending.
I never thought it was possible for the $VIX to be down on a 4% sell-off. Madness
Posted on 3/18/20 at 9:07 am to LSURussian
quote:
Yeah, I saw that, too. I wish I was smart enough to know what signal that is sending.
It means we are in a V vs a U
Posted on 3/23/20 at 11:46 am to LSURussian
quote:
I wish I was smart enough to know what signal that is sending
No way to know for sure. But, nothing is for sure in investments in the markets.
Putting the odds in your favor is all you hope to do.
VIX gauges fear in the markets. What it should be telling us is the markets are very, very close to the bottom and fear has topped out.
After 38yrs.of helping clients in the markets. The odds are now in my favor....
Posted on 3/23/20 at 1:30 pm to mule74
The fed basically signaled that they are going to defend the 17,000-18,000 retrenchment level this morning.
Posted on 3/23/20 at 2:08 pm to Sluuuu
quote:
I never thought it was possible for the $VIX to be down on a 4% sell-off. Madness
It is truly odd... If the VIX falls below 57 and makes a lower low, should be a very positive signal for stocks!
This post was edited on 3/23/20 at 2:10 pm
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