2.22.2006

Don't Have to Stop Trading


Well Jim Cramer isn't around today so we dont have to stop trading now- but, as mentioned in earlier posts, I certaintly didn't expect this move in the markets today- However, as I write, the CBOE Volatility Index is now under 12 and down 5% today. This is not a good buy point imvho. The VIX is now about 6% below its 10 day simple moving average. I think the sidelines suits me very well right now. I expect there will be better entries sooner rather than later.

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