Tactical musings, technical timing indicators and risk management strategies
Monday, June 25, 2007
I should have seen this earlier. VIX on a double short term top. The VIX is one place I like the daily bollinger band (14,2). The turns are generally well predicted by the bands, although the action can stay firmly in the middle for extended periods of time. I usually put on at least a small position when the bands are touched, with better odds if the bars close through the band.