Thursday, September 25, 2008

SELL SIGNAL 11:38AM DIA @ 110.35

Risk 1 pt.

VIX down 2.24 to 32.95 (low 32.82) down from peak at 36.69 yesterday.

Put/call .54 now, but was lower.

Price forming a double top at 1218 on ESZ8.

Target 1 pt in DIA.

Lower stop to breakeven after 1 hour.

11:40AM now

1 comment:

Timothy West said...

IF VIX falls under 32, then exit as something exceptionally bullish must be occuring. 11:42AM VIX 32.95 last