Monday, January 11, 2010

Another clue...


You see the that the VXN has popped below it's Bollinger Bands. Exhaustion gap for the VXN? Could be...
The VIX looks the same way...

4 comments:

Superbear said...

Mark,

What's your thinking on US$, or for that matter debt default by the US? Is it near?

mlytle said...

Hi Shankar,

I think debt default by the U.S. is inevitable, but not immanent...

Should have a few months or a year of slight strengthen of the dollar, probably aligned with an equities decline, after that resumed dollar weakness towards either default or money printing induced hyperinflation...

Regards,
Mark L.

Stephen from HEB said...

Hey Mark, found your blog!

QUALITY STOCKS UNDER FIVE DOLLARS said...

Interesting very interesting.