[realtraders] Sugar {01}

[Mervin Yeung <tinyeung@xxxxxxxx>]

Hi RTs,  

I covered my short sugar position at the open (630) today.  Then, I
watched in dismay that sugar sank again.  From the technical view, did I
do the right thing?  Sometimes, "let the profit run" and "take profit at
the objective" are in conflict with each other.  

"Three steps and a tumble"?!  In this New Era, maybe it will be "three
steps and a rise".  If anything bad happens to the stock market, stock
"investors" cannot accuse Greenspan of raising interest rate 3 times. 
Greenspan can always claim that immediately after the raise, stock
market rocket up.  

Also, what is VIX??  Thanks in advance for anyone who will explain it! 

Mervin