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Others to Watch: VIX

 
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PostPosted: Tue Oct 03, 2006 5:27 pm    Post subject: Others to Watch: VIX Reply with quote

VIX closed at 12.24 above its 21-day MA at 12.22, which is a (VIX) buy signal. However, it also created a bearish engulfing, which is a sell signal. Consequently, if VIX falls to around 11.50 this week, that may be an excellent opportunity to buy Oct 12 or Nov 12.5 calls.
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