Wednesday, November 13, 2013

Sell when VIX is at 10

The VIX index at 10 would, to me, indicate that the time is then right to get seriously positioned for a major risk reversal, but until then any Q4 2013 dip (as per 3 above) would to me represent a buying opportunity into my expected high in Q1 2014. 

As a stop loss for this Q4 2013/Q1 2014 high, consecutive weekly closes in the S&P500 above 1850 would stop me out.