My Own Market Narrative
"It will take a rally of monumental proportions to save the penis of John McAfee" - Zerohedge, 2017
Thursday, September 25, 2014
VIX weekly, a target
Here's the $VIX weekly candles, with 3 standard deviations plotted:
Looks like a typical market piddlefest sends $VIX above +3SD. Oh look, we had a similar piddlefest in end September 2013.
Of course there could be a bigger piddlefest this year, given the whole Fed rate rise fear thing.
But probably not as much of a piddle as the big 2012 Euro Dooooom piddle.
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