MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: John Carson who wrote (62645)	11/16/2000 3:03:50 PM
From: Louis V. Lambrecht	Read Replies (1) of 99985

John - VIX calculated on front month OEX options. Don't have the information, but expect that front month to change the Thursday before expiration week, as it is the case for the futures. Very low reading on the all indexes PCR, lowest since Sep 25. Consistenly preceeding a major bottom by some days. Confirming your trendline on the VIX, also expecting to be back up.

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