Tepid Recovery, or False Dawn?
Posted on October 28, 2009
Filed Under depression |
Gary Tanashian submits: Here is an updated look at the VIX and its megaphone (a.k.a. reverse symmetrical triangle (reversal)) pattern. “Now Hear This!” blares the VIX… “Greedy bulls have had their fun, held sway for a good long while, morphed Hope ‘09 into Full Tout ‘09, got Wall Street to bonus season and generally reenacted the wonderful 50% rally in hope off of the 1929 crash. You know the one, after which the real depression descended. Happy days are not here again and it is unfortunat
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Tepid Recovery, or False Dawn?
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