We do have alternate counts if the market chooses to hang around these price levels for far longer than we anticipate. But I have no reason to suspect this will be the case at this moment. Just something to keep on the horizon.
Tuesday, April 12, 2011
[Update 5:16PM: Is the recent price action in the VIX signalling complacency? And will that be bad for the market?
Posted by Daneric at 4:29 PM