Wednesday, October 8, 2008

Update

I did not get a chance to post last night, but I had a near-term target for SPY at 950 - 960. My hourly VIX monitor is turning giving the green light for a tradeable long position. Went long today and we'll see what happens.

P.S. I know my commentary is scant lately - I've got MBA midterms, a bunch of work, etc. - but I do update my charts throughout the day. I am only watching the SPY charts at the moment.

1 comment:

Zen said...

well I learned something about my VIX signal. Need a bullish MACD with the overbought stoch cross (stochs over 80). Now it is giving the signal as of 12:20 CST.