That lower orange line is like a multiyear line in the sand. It images better than Vix alone.
Funny the VOS appears to be an amazing indicator, and yet have never had a single comment on it. I guess people don't like Steroids?
Earlier post on VOS
http://oahutrading.blogspot.com/2011/06/vos-is-very-consistent.html
Just trying a post with my "new" Avatar
ReplyDeletei've been expecting a stock plunge on Mon/Tue so i like this a lot!
ReplyDeletehttp://jeffreygtc.blogspot.com/2011/06/thursday-june-2nd.html
Visited your site, like it.
ReplyDeleteSo are you playing SPY puts and calls primarily?
How do you annotate your screen captures? Looks like free hand.
yeah - i stick to the s&p 500 -- who needs a stock gapping 10 points on some random news flow
ReplyDeleteI do use trend lines to write my notes - i could use thinkorswim - it allows text notes - but it's not to hard to "write" using lines
Vix setup strikes me as what could be expected after a series of 1-2 waves
as soon as selling gets intense it's back up into a 2 wave
it's a full-time job to stay on top of one symbol (spy) i actually can't imagine trying to trade more than, say, one other symbol in addition.
ReplyDeleteI trade SPY etf -- puts and calls as well - I intend to start trading futures soon -- lots of move happen in the overnight session - it's aggravating to miss a move not having access to futures
Yeah it is something like 75% of the moves now happen at night....amazing.
ReplyDelete