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Noel Campbell
19 Nov, 2004
The market action here in Australia continued to dazzle, record closes after record closes.
Picking up from last week, we looked at the background information that could affect the efficiency of a stop loss in the market.
Today, I want to show you how to use a very useful and accurate indicator to find very profitable trades, by using the S&P 100 Volatility Index or better known as the VIX and the Dow Jones Index, to indicate possible market reversal points.
The Australian Market has shown continued strength since August 2004.
Right now, we are in an era where we are saving the least portion of our earnings – ever! Yes in our days we saved and then bought.
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