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Strategies & Market Trends : Classic TA Workplace

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From: Henry J Costanzo	7/14/2006 12:54:33 PM
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VIX/VXN....Never quite figured out what these contrived derivatives really mean....but FWIW I see VXN back into the area of its Jun highs...and VIX not far behind... Latter, btw, putting on a beautiful possible H&S top....Don't think that means anything at all, but I have lurked threads where TA patterns in derivative indicators are given great weight....LOL And again btw....I guess high levels are supposed to indicate a bottom is nigh..??

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