Friday, October 10, 2008

SLX,SKF,VIX,OIH

SLX, try one more time to find the support on this mega potential profit monster ETF.



SKF got crushed today, when all of a sudden the LIBOR rates plunged 50% today.




The guy that runs VIX and MORE, well I don't go over there, because he'll never show me things like this___( I started studying composite trades a long time ago, ( because there's lots of profit in them)
They are rare events and yet meaningful )
VIX headed to 28.13. May take a while, but that's where it's headed.





Until today, I couldn't confirm if there was going to be a day when the market gaps up 700 in one day. IT"S not going to happen. Same with OIH. The RSI reading is too low for OIH to get any miracle one day recovery.
OIH, WAIT FOR AN UP DAY, THEN BUY THE NEXT DAY.
OIH isn't going to go anywhere anytime soon ( and neither is the rest of the market), so there's plenty of time to get in at these low prices.

EMAIL ME !!! anytime