Sufiy.: Double Bottom Must be confirmed by Fear Index

Friday, October 17, 2008

Double Bottom Must be confirmed by Fear Index - VIX is staging a reversal.

Yesterday was formed strong Bearish Hammer. Today is the day to paint the chart for Programme trades to start buying. Once PPO will make a cross over VIX will drop like a stone and Greed will take place from Fear. I was right to take profit on Google GOOG puts and is open to market rally now. I will revisit fundamentals on Google later.

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