"I am one of those who do not believe the national debt is a national blessing...it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country."
—Andrew Jackson, letter, April 26, 1824
Friday, May 8, 2009
VIX - Morphed Into A Channel Down
Wonder Twin Powers Unite - Form of a Channel. What a waste of a pretty falling wedge. I'm now convinced that the 200dma is what the SPX is shooting for and for the MM's to get the VIX under 30 so "they" can claim victory and the recession over.