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Joined: 28 Dec 2005 Posts: 11983
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Posted: Tue Oct 03, 2006 5:27 pm Post subject: Others to Watch: VIX |
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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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