VIX Hits One-Year Highs

For you
OEX traders. The VIX hit its highest levels since April of 2000 before it began
to tail off. Watch for
strategies that seek to capitalize on a reversion to the mean in volatility.
Just remember to hedge your bets as these strategies offer limited gains with
the potential for unlimited losses.

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Follow
Up

Most of
the sectors mentioned recently on the short side tailed lower before recovering.
If you have positions left here, you make sure you lock in a piece if not all of
your profits as it appears an overall market bounce is underway.

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Best of
luck with your trading on Friday! 

P.S. Reminder:
Protective stops on every trade!

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