- I am still long 100% BUT I admit that I went in too early, should have looked at NDX which had not come down like other indexes had. Anyways, learned a lesson for the future.
Note, I am not a fib expert but got encouraged by Hobotrader (he is on DISQUS) to look at fibs.
- I am betting that VIX will come down to 13.5 area, so we may/will/should have more upside on SPX than 1370 that means we go all the way to 14xx. We'll see when we get to those levels.
