Last time there was central bank intervention there was a solid five day rally.
http://finance.yahoo.com/q/hp?s=%5EVIX+Historical+PricesVIX has climbed approximately 20% in less than five days...AAPL continues higher...so! There are no inconsistencies in my messages
IF you are a trader, then trade the VIXIF you own stocks, HOLD as insurance
Tomorrow is the fifth day bit buy the VIX at $26 - $27 today..NO! I expect the rally to continue but this morning's action showed short covering of the VIX
ON CNBC, after Wed's huge 500 point rally all the expert were discussing this but said to buy the VIX at $28.50Yesterday it fell to $25.29 at the low but closed at $27.40...so It fell 10% from where the experts said to buy it.Next week, when it falls below $25 buy some as insurance...This does not expect a reversal but is merely INSURANCE