Thursday, July 16, 2009
Strange strange markets, or are they simply PIVOTAL?
If you want to see bewilderment or unknowningness on the part of professionals, please reference the BLOGS section, at StockCharts,
The guys at this section are puzzled why the VIX and the SPX are moving in the same direction, or noting that the COMPQ is advancing, and Mr. Nasty is moving down.
Maybe some dont want to call it for what it is. TO say that the markets are chaotic, would be accurate. Hard to keep your powder dry with the boat pitching and yawing all over the place.
Stay Aware, and Good Luck