Friday, November 26, 2010

Ghost Signals

In the Morningline I noted that gold (GLD) and the fear index (VIX) were sporadically showing phase shifts on Person's Proprietary Signal (pps).

The signals were ghosting at a fairly rapid clip, meaning they would appear and then disappear, not uncommon behavior for the pps.

With a 18 minutes left in the trading day, the bull phase in the VIX is persisting. The bear phase on GLD has disappeared.

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