Following on the heels of yesterday's XIV post...we did see XIV up again today per our consensus momentum signal even though the market was red to flat. However...although we have a renewed buy signal on the XIV note that the 2 Day Alert is at a crossover point....equals hold off on any new positions. The VIX hit another low today and is now EXTREMELY oversold. It's just a matter of time before we get a reversal and just in case you missed it....there was NO Santa Claus rally last year, which was followed by an ugly January selloff.