Contrarian market commentary and economic postings.
Wednesday, March 16, 2011
FEAR IS GROWING
SPIKE to VIX 28 is highest on this move, fear is growing....it should be. Test of stab to 1261 but I am more interested in the price as a closing basis.....
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I have been writing about stocks and the market since the late 90's. My record of calling the last 2 , now maybe 3 bear markets stands. There is more to investing than just avoiding bear markets, but it sure doesn't hurt. I offer NO recommendation to buy or sell equities or trade any vehicle...I just offer my opinion for what it's worth. Consult with your financial advisor before taking any actions. this financial blog is for amusement only.
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