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What’s up? Not much!

Author: Varun Kanotra (info)
Website: http://www.targetsix.com/
Posted: February 6th, 2007 at 11:12 pm EST
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Not a whole lot to report today. Markets were basically flat today. We are seeing some consolidation happening which is no cause of concern at all for the bulls. Again, as long as 1440 hold for the S&P, we (bulls) are in good shape. The VIX made a noticeable topping tail while it closed at yesterday’s low’s. As long as the VIX stays below 11, we should continue to go higher.

One stock that I will mention again (I think I had this one in my post in November or December) is AVB. Look at the all-time chart on this puppy. Something to consider.

Always keep the risk in check, and trade smart! Later

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