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[RT] MKT: VIX, Financials



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MER finally breaking out.
BK rallying from flush-out below 200 ma'.
LEH, LAB threatening new highs.
Retail rallying.
intel rallying.
 
Finally, VIX imploding. 
 
Note earlier comments re inflection points & volatility 
behavior - where vix reversal signals typically fail.
 
See attached chart for multiple failures.
 
I think, the panic is on the buy side now. I'd change that 
astro website to green, dark green, mint green, you name it green.
 
For a trade, at least.
 
Gitanshu






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Attachment: Description: "vix.gif"