Extreme VIX Readings Suggest Imminent Upturn by Mike Pauleno

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PDF version 17 Oct 2008, 16:23 GMT by MP Trader

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Extreme VIX Readings Suggest Imminent Upturn by Mike Pauleno

The surge in the VIX (CBOE Volatility Index) above Friday's "emotional high" coupled with the behavior of the SPYs (AMEX: SPY) and Qs (NASDAQ: QQQQ) urged me to get long.

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