Thread: ^VIX

The market has been my great equalizer over the years - just as I knew the potential was available. Always keep moving forward. I now have enough money to buy any stocks I want and can play the game anyway I want. Retirement provides the free time to really crank up the volume. And when the VIX starts dropping into the lower levels the stock market will be in full cyclical bull moves - the hard part will be to not get complacent and get decapitated. Dangerous yes, but an equal opportunity player for those who know the ropes. Snort.

Nah!! Brace yourself to lose the Senate my friend.

Originally Posted by nnuut

Nah!! Brace yourself to lose the Senate my friend.

OK, guys. Let's not let the VIX get political.

Today was around the 3rd or 4th time the VIX broke out of a downtrend line on daily chart. While it hasn't stayed above the trendline, more importantly it hasn't broken support. Today was a big 13% up and cleared 17.

Print of 21 today.

Either it stays in the range or breaks out. 21-22 has been a solid buy area for the past two years.

28.03 VIX close. Highest weekly close in over three years.

Generally, 20-40 mark areas that are better for buying than selling.

^^ Turned out that VIX at 28 was an excellent buying opportunity in 2015. ^^

Only at 24 though today. Going lower before it goes higher. End of year tax selling will keep pressure as people sell their losses in stocks like AAPL, NFLX and AMZN that they bought early in 2018. Dumb money buying high and selling low.

Originally Posted by Bullitt

Generally, 20-40 mark areas that are better for buying than selling.

High of 23 today.

Except for 2018's swoon, low 20's have been a good area to scale in.

Just a note- the $VIX is sitting at 48 right now- Almost exactly what it was last week.

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