Wednesday, May 14, 2008

VIX at support

The VIX is hitting a major support here which suggests that the market has some more downside again. Remember, VIX is good for traders, and also good for small money to piggy back the moves - basically hitch a ride with the big guys, make your trades, and get out - We'll see, but volatility may be moving back into market. What happened to sell in May and go away? - it may be here.

No comments: