3.30.2006

VIX TRIX

The VIX is trading up to 11.65 now and a lift to the 12 area will probably signify a good buying opportunity in the index ETF's. I have no clue as to why the VIX and VXO are "ramping" higher today, but I do know my target is 110% above their 10 day SMA for a buy signal. I have also learned it does not pay to ignore the signals as they are usually correct. Note Tuesday's ETF purchase in the late afternoon.

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