Vix Remains At Low Levels

  • June 6, 2001
  • Dave Landry

Once again, Internet
(
$DOT.X |
Quote |
Chart |
News |
PowerRating) still
looks poised to head lower out of a topping formation (see recent archives for
more details). For the nimble, continue
to look for buying opportunities in puts and put spreads here.

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Gold and silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
appears to be resuming its meltdown from highs. Look for buying opportunities in
puts and put spreads here.

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For you OEX traders, the Vix remains at
relatively low levels. Continue
to look for buying opportunities in puts and puts spreads here.

Best of
luck with your trading on Thursday!

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

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