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Friday, November 11, 2011
Sell signal. Short if...
The system will close the long position today with a confirmed sell signal. The only question is whether we get a short signal, which would require a ~1 point spike in the VIX here in the last 30 minutes. (Unlikely.) The VIX value to watch is 31.10. We are at 30.13 right now, so like I said, unlikely. Anyway, head to sidelines and enjoy the weekend! Indulge in the finer things in life and forget about the market! See ya Monday.