Friday, February 9, 2007

Quickie: Watching for a Bounce

Tim Knight pays homage to Anna Nicole Smith by pointing out an inverse head and shoulders on the VIX. Of course, all the usual H&S pointers apply: keep your eye below the neckline, watch for the bounce, make sure there is enough support, etc.

Posted by Bill Luby at 7:35 AM

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)
DISCLAIMER: "VIX®" is a trademark of Chicago Board Options Exchange, Incorporated. Chicago Board Options Exchange, Incorporated is not affiliated with this website or this website's owner's or operators. CBOE assumes no responsibility for the accuracy or completeness or any other aspect of any content posted on this website by its operator or any third party. All content on this site is provided for informational and entertainment purposes only and is not intended as advice to buy or sell any securities. Stocks are difficult to trade; options are even harder. When it comes to VIX derivatives, don't fall into the trap of thinking that just because you can ride a horse, you can ride an alligator. Please do your own homework and accept full responsibility for any investment decisions you make. No content on this site can be used for commercial purposes without the prior written permission of the author. Copyright © 2007-2023 Bill Luby. All rights reserved.
 
Web Analytics