Monday, July 18, 2011

VIX rises again…

VIX was up 7% today…never a good sign.  Our VIX indicator turned negative today.  Sentiment is also negative (too many Bulls last week, believe it or not).  The Price indicator is Buy today so that is keeping the NTSM system in the green, i.e. the overall indicator is neutral or Hold.

Still watching the Debt negotiations.

I remain 50% invested.  That is my fully invested position for the time being.