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Strategies & Market Trends : Raptor's Den II
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To: Justa Werkenstiff who wrote (290)4/21/2003 12:00:43 AM
From: Lone Ranger  Read Replies (1) of 3432
 
Justa,
"There have been certain periods of time like last March, for example, where the Vix has trended lower along with the market. One could argue that it suggests complacency with a decline in prices. Last March that was quite bearish."

That was a rare occurrence and imo not much of one as the comp lost about 6% in March 02. In the vast majority of cases the vix rises as the market declines. But let's go with your premise, assume the comp declines 6% or so from here as the vix declines would you consider that a significant drop after the run up since March 11? Doesn't seem like that would be much to me. LR
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