Alternative strategy time... if you buy the VIX (volatility index) on
dips some jittery news event always makes it jump up at least 2 points.
If you look at the yearly chart and check the days where it spiked you
will see some big news event happened on that day (try it just type in
the day on google). Also Fridays and Mondays are big days for the VIX.
Sell on volume and you have a consistent cash generator.
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