Keep you eyes on that little VIXen. Last Friday’s action and today’s VIX readings were positive for the market.
The VIX closed today right smack down on the lap of the 50 day MA. It will confirm if this is, in fact, a start of a new breakout after the bailout news.
It should be an interesting day tomorrow.
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My purchase of Research In Motion Limited (USA) [[RIMM]] @ $102.01 basically went nowhere today. I’m still keeping the stop loss at 98.
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