Friday, April 17, 2009

dropping the VIX

The VIX is dropping, now down to approximately 34. The VIX dropping thru the support in the high 30's signals the bullish run may continue. The earnings are coming fast and furious and mostly positive although most experts acknowledge we are in a bear market rally and even a few have gone on to say that we will be re-testing the lows of February and November.

Happy Friday.

DJIA 8,131.33 +5.90

NASDAQ 1,673.07 +2.63

SP500 869.60 +4.30

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