Yesterday's Volatility Spike

Posted on Di 30 September 2008 in misc • 1 min read

S&P500, 09/29/2008

Here’s yesterday’s volatility spike. This could very well be the bottom, I hope! My S&P500 market timing model made a 4 [STDEV]{.small-caps} move yesterday and issued the strongest [BUY]{.small-caps} signal yet.

I’m very cautious these days because I’ve been averaging down and losing money. This is an extremely stupid way of investing in the short term but you gotta think long term here, and have the BOS to do so. :)