"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Thursday, May 20, 2010

VIX

Anyone getting impaled on the spike on this chart can only look to their own greed or complacency for blame. How many months was sentiment merrily snoozing along on the good ship Lollipop? Much to write about in NFTRH86. Intermarket dynamics, sentiment, comps to the crash of '08... man, the markets are finally fun again.

And I say that as a guy obviously getting dinged today. Good thing I know my big picture. O.P.P.O.R.T.U.N.I.T.Y upcoming.