Maybe I should just accept it...

As far I am concerned, there are only 2 or 3 people I listen to when it comes to stocks. I don't have the time to put into equity research...and Jim Cramer is NOT the answer folks!

One of the guys I have followed for a long time is Jack Steiman (www.swingtradeonline.com) because he understands technical analysis (equities) like few people alive. Now the market basically did nothing today...that's good for the bulls. Here is part of a piece that Jack wrote about yesterday's action that could bode well for stocks:

"The breakdown on the Vix is a close below 30 and we are getting very close to that. Should that 30 level break, we could see a very sharp move higher in equities. We hit 30.00 during the day with the close at 30.22. The bears need to watch that level closely for if it goes they will be forced to start covering quickly. With the S&P 500 heading back towards the recent high near 930, this could be setting up for a breakout in the market and a breakdown in the VIX. Very interesting times."

Now, I don't always agree with him...but much more often then not...he is right. And when you talk about the VIX...he is completely right (redundant?)

The VIX measures fear in investors...and you know how much I love trendlines. So that is something we want to watch if we are going to go against the Dollar.

Stay tuned.