http://selfinvestors.com/tradingstocks/weeklyafter-stock-market-review-archives/market-carving-out-double-bottom-need-a-spike-in-vix/ ETF, IPO & Breakout Stocks Analysis, Tracking & Research Fri, 26 Feb 2010 18:35:37 +0000 hourly 1 http://selfinvestors.com/tradingstocks/weeklyafter-stock-market-review-archives/market-carving-out-double-bottom-need-a-spike-in-vix/comment-page-1/#comment-7308 Modalities of the “Coming” VIX Spike | Condor Options: Iron Condor Trading Newsletter Mon, 07 Jul 2008 14:07:35 +0000 http://selfinvestors.com/tradingstocks/weeklyafter-stock-market-review-archives/market-carving-out-double-bottom-need-a-spike-in-vix/#comment-7308 [...] Necessity: a VIX spike is necessary for a short-term (1-3 month) market bottom to form.  This sure seems to be the consensus view these days.  Every blogger under the sun is writing that indexes won’t find a bottom until we see “a spike in the volatility index (VIX) followed by massive capitulation.” [link]  But it isn’t just individual traders who are taking this view: when you have analysts like Ryan Detrick saying things to the Wall Street Journal like, “It doesn’t have to top 30, but it does have to spike,” it’s no wonder people are insisting on some impressive upward protrusion on their VIX charts.  Some of the VIX coverage these days is so dumbed down, it might as well be done on a flannel board. [...] [...] Necessity: a VIX spike is necessary for a short-term (1-3 month) market bottom to form.  This sure seems to be the consensus view these days.  Every blogger under the sun is writing that indexes won’t find a bottom until we see “a spike in the volatility index (VIX) followed by massive capitulation.” [link]  But it isn’t just individual traders who are taking this view: when you have analysts like Ryan Detrick saying things to the Wall Street Journal like, “It doesn’t have to top 30, but it does have to spike,” it’s no wonder people are insisting on some impressive upward protrusion on their VIX charts.  Some of the VIX coverage these days is so dumbed down, it might as well be done on a flannel board. [...]

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