Tuesday, February 8, 2011

Update 02/08/11


We rebounded off the lower BB on the VIX. This pretty much guarantees that the next couple of days (or rather however long it takes to get to the upper BB) will be down in the market.

The BPSPX:CPC 20ma crossed the 50 going down and the MARKET has still risen! Right now is a tremendous low risk shorting opportunity!