In last week’s ‘Tickling The Dragon’s Tail‘ I mused about the possibility of a VIX Buy Signal on the horizon. Which was followed by a sideways session in the S&P 500 with the VIX actually dropping lower. At the same time the VIX:VXV ratio pulled > its upper second standard deviation and all that means that the fun and games are just about to begin this week. Confused? I don’t blame you but as usual the ole’ Mole’s got you covered:
Christmas is only days away and I’m sure you have more urgent things to attend than to stare at charts or talk about them. But for the die-hards amongst you and the 5 Billion non-Christians frequenting this blog I thought I’d throw up a few forex charts, some of which appear to be ripe for the plucking today or tomorrow.
This doesn’t seem to be my month as I had an extremely crappy day yesterday. And I’m not even referring to the almost instant stop outs I racked up on the E-Mini and the EUR/USD (fortunately position sizing was small in anticipation of monkey business). So what happened was that I got in touch with my hosting company about some strange errors a few readers and I kept seeing when loading the site. Some sys admin at my hosting firm decided to dig deeper and then came back saying that evilspeculator had suffered an SQL injection attack and that the entire database most likely would have to be rebuilt. YIKES!!! Relax – it turned out to be bullpucky and everything is [...]