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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: TREND1 who wrote (35950)3/2/2002 8:15:52 AM
From: Justa Werkenstiff  Read Replies (4) of 99280
 
Larry: Anybody who buys here is stuck with the plain hard fact that on February 6th the Vix high -- which has been proclaimed irrelevant by most yesterday-- was at 28.53 and that was the high for the month of February!!! What was the low for that day in Compland? It was 1805. What was the low printed in the Vix yesterday? Why it was a yearly low and six month low of 21.33. What did that get us in compland? It got us 1802. These are two data points serve to illustrate a trend and the trend is obvious to all except those that choose to dismiss it or ignore it.
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