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VXX, XIV & The State Of Global Markets 0 comments
(click to enlarge)
One of these days, VXX is going to pop up and provide one heck of a buying opportunity. The chart above is of it's inverse, XIV. As VXX continues Sherman's march to the sea, XIV is relentlessly moving higher, pocketing some serious coin for those who are short VXX by being long XIV.
(click to enlarge)
When this symbiotic relationship reverses, there will be a gaggle of attempts put out by the media trying to nail the the bottom of the, "correction." As the following report that was put out by the Gainesville contingent of Elliott Wave Theory explains, there will be no correction.
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StockTalks
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Has $QQQ already started a major bear market? I've posted that scenario here: http://seekingalpha.com/p/og47
Oct 4, 2012
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RJR v Star Scientific, Supreme Court of the United States, Writ dismissed by "stipulation" ie "agreement." http://1.usa.gov/NrJJ3t
Sep 23, 2012
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QQQ Daily Trend Model: http://seekingalpha.com/p/nllb
Sep 23, 2012
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