Wednesday, April 30, 2008

VIX Levels

The VIX chart has created some bottoming tails on the daily (double bottom?)

The FED didn't seem to be able to keep the bulls interested today and the bears got the win today.

What positive event(s) will be able to push the VIX back down???

Until then the market may chop here a while.

CBOE VIX:



Michigan Consumer Price Index:

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