Recent content by palacekid

Dear All, I would go Long for now as the VIX is very high now. For day traders, 5 min bars are more important though. Regards, PalaceKid

Nice chart Kutero!! I am expecting a rally back to the 9000s. Also recognize that VIX is very high as well. Regards, Palacekid

Nice chart Kutero!! I am expecting a rally back to the 9000s. Also recognize that VIX is very high as well. Regards, Palacekid

Dear New Traders, If you have alternatives for charts, you can use Interactivebrokers as your trading platform. They have cheap fees for stocks and options. Otherwise, I like the following platforms (with good charting tools): 1) Options Express 2) Think or Swim Good Luck for your Trading...

Dear Traders, I am looking at the SPY and VIX charts during the weekend. At the level near 800 is where we will hit a double bottom. This signals a reversal back to the top. The first previous bottom is at late 2002. It has been 6 years. Please also note that VIX is at all time high (for the...

Dear Traders, Looking at how the market has moved down for the past 2 weeks has sent a shiver down the spine of many traders!! However please stay calm and look at some indicators such as VIX and VXN. VIX measures the volatility of SnP 500 whereas VXN measures the volatility of Nasdaq 100...

Dear Traders, I will look at the following stocks (From US): - AIG (Insurer) - ABK (Insurer) - EBAY (Online) - LCC (Airlines) - XLF (Financial ETF) - QQQQ (Tech ETF) To be played for short to Medium term etc Remember that VIX is at all time high!! Good Luck in your trading!! Regards, PalaceKid