Wednesday, March 10, 2010

3/10/2010 Update

Ok, listen up folks, there is a lot of money to be made very soon.  The charts are learning towards the bulls, so I am long term bullish, but short term bearish for the next 2-3 trading days.  Refer to the VIX comparisons below.

To me, such a similar pattern should not be ignored. 



 3/17/2010 Update:  Boy was I wrong on this call.  One powerful run we have here...

 
Posted by Vagabond at 6:19 PM

5 comments:

  1. AnonymousMarch 10, 2010 at 6:57 PM

    Nice observation

    ReplyDelete
  2. AnonymousMarch 10, 2010 at 7:45 PM

    looking for vix to go greater than 50 soon.

    ReplyDelete
  3. AnonymousMarch 10, 2010 at 8:17 PM

    Are the blacks automatically identified by your program or do you color them yourself?

    ReplyDelete
  4. AnonymousMarch 10, 2010 at 9:05 PM

    Great observation, but I'd say your pattern calls for more than the hugely popular 2 day pullback.

    ReplyDelete
  5. AnonymousMarch 10, 2010 at 9:31 PM

    The blacks are identified by the program. It means the close is still higher than the previous day's close, but it is lower than today's open. A hollow red stick means it still closed lower than previous day's low, but higher than the day's open.

    ReplyDelete

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