Think about the SLW-RGLD ratio from a couple posts ago... a little bottoming pattern. Now we have this VIX chart from NFTRH196... a bearish pattern that is breaking down today. Here are the words that attended this chart.
"You know, being a perma-bear is no way to go about life. They’ve got it all; Euro crisis, fiscal cl… (well, you know), economic deceleration and charts that if drawn a certain way and infused with enough bias can look bearish and still we have this mess forming on VIX?"
http://www.biiwii.blogspot.com
http://www.biiwii.com/analysis.htm
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"You know, being a perma-bear is no way to go about life. They’ve got it all; Euro crisis, fiscal cl… (well, you know), economic deceleration and charts that if drawn a certain way and infused with enough bias can look bearish and still we have this mess forming on VIX?"
http://www.biiwii.blogspot.com
http://www.biiwii.com/analysis.htm
Subscribe to NFTRH or
Subscribe to the free eLetter
Ugly indeed at least for the US. Equities rally may be muted relative to commodities. Million $ question is whether the bond bubble will pop soon. If so, which is going to get the lions share of that money: Commodities or stocks? Guess is commodities.
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