Friday, March 27, 2009

Equities notes first

Some small equities notes first--
  • If you use equities' action as one of your Forex indicators, volume was over 500 million less shares traded in yesterday's down DOW than the day before.

  • The VIX is trading just above major support (40.) Why is this important? The higher it is, the less liquidity in the markets. The less liquidity, the less buying and the more fear. We break 40...we are in store for a much bigger rise...problem is, I doubt it will right now.



  • Volume, in general, is very high this month...more then it has been for a while.

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