Back In The Pool

The VIX is plummeting and investors are sounding the all clear. I think the market will get a whack sometime next week. For those still bullish, the VIX is at 17, so a stock replacement strategy probably makes sense. Have a great weekend.

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2 comments:

Anonymous said...

I think we make new highs early in the week(1154 or so) then pullback.

Maybe to 1110.

I don't think the economy is that much improved that we continue higher to the next resistance level of 1240.

I also don't think we go as low as the 200dma. As some suggested.Things are improving albeit s-l-o-w-l-y.

Good luck.


Here are some of my older post for accuracy. :) You can check the dates and results of each post. Just stroking my ego here!

Anonymous said...
The first week of a new month, the market has been higher. This has proven true for the last 6 months. I would expect it to continue. Any further dips this week should be bought.

February 24, 2010 12:38 AM

Anonymous said...
You want to see a good looking chart.

PAY keeps going up.

March 2, 2010 12:10 PM

Anonymous said...
I would caution the short traders here. IMO the down days will be short and quick. I think dips will be bought for the next 2 weeks. Then we might get a better pullback of 3-4%.

That is unless we get more noise from Europe.

March 2, 2010 11:35 AM


Anonymous said...
25 pts from new 52 week high. Bulls will get it done. Something the bears couldn't.

March 3, 2010 11:34 AM

Anonymous said...
Hey anon, thanks for the chart on PAY yesterday. Looks like a winner!

No problem. Here's another money maker for you... CEL

:) your welcome, peeps.

I also see my SWHC call is starting to pay $$. Remember hold it until May 1. Should get to 5.5- as much as 6.50. EZ money.

March 3, 2010 12:27 PM

Tsachy Mishal said...

Anonymous,

You should create an id or sign your posts like OL DAWG does so we know who you are.