VIX Indicator
By Johns Wu on Jan 09, 2006
I'm trying to figure out whether this Janurary rally will take us any higher, and I remember that people always talk about the $VIX when they talk about market indicators. I found this article about the $VIX on Trading Markets.
"The proper way to use the VIX is to look at where it is today relative to its 10 day simple moving average. The higher it is above the 10 day moving average, the greater the likelihood the market is oversold and a rally is near. On the opposite side, the lower it is below the 10 day moving average, the more the market is overbought and likely to move sideways-to-down in the near future."
This entry was posted on Monday, January 9th, 2006 at 9:18 pm and is filed under Market News.
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This can’t possibly be fair , reliable , and up to date. People are in distress and nothing is getting better,money cheaper, buys nothing , countries , states are all fricken broke . Explain how the world sees no volatile situations. You are all misleading the public, pensions can’t and won’t pay obligations on tax payers dime, states are broke, spend and tax too much, incomes falling, unemployed is up , nothing better, underemployed is rising and you can say the world is a better place. Go to california and smoke some of their dope will ya. I have been out of work 3 years now due to constrution dead. Oh that’s up too , new housing ! simply put MY ASS ! SOBER UP GUYS, WE ARE GOING OFF A CLIFF !