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Yuki says:
<I don't see shorting as the road to profitability however. Not yet.
When it comes to counter tread, I almost never go after the turns. I
want to see fear, not just locking in gains. And the fear I want to
see is fear of loss, not just fear of evaporating paper gains. The
former is a much stronger brand of fear, as I'm sure you know.>
FWIW...
Went to lunch with a good friend today & he reminded me to look at the
!VIX.
I quote from an previous Larry Conners editorial:
"Low VIX readings (as we are seeing now) usually occur when the market
rises. This is a signal that there is complacency in the market and a
sell-off is near."
Phsst
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