Gees guys, we take one week off from posting and the whole place falls to pieces!? Who broke the market is perhaps not the question we should be asking though. We’re asking, will the dippers win again? There are some mixed feelings on this at the moment. Our local market looks, well, not very good. We had a hard time finding any kind of setup that was not bearish. Things are looking dire here. In the offshore world though, although there is an similarly high level of confusion, we do have some ‘reliable’ buy indicators that give us hope for a bounce next week. So let’s look at why it might be time to buy the VIX spike.