1) Vix went up over 17%
2) Crossover has taken place (5 days exp MA is above the 20 days exp MA)
3) How reliable is this system ? So far so good ; keep in mind that systems are just there to confirm your fundamental views ! Its only a nice picture to look at :)
2 comments:
Thanks Moise: nice and effective picture and wise words, plus there is a clear rationale behind the system that makes it easier relating to the fundemantals. Something else .... what the heck is happening to XOM, just excess of pessimism or there is something rotten ??? Shall I act as a value investor and start accumulating, or better wait a clear support level ?? Again, thanks for your work !
shouldn't the green dots be red and the red dots be green? ;)
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