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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Robert who wrote (47879)6/20/1999 11:23:00 AM
From: John Pitera  Read Replies (1) of 86076
 
Robert, Excellent Post and the VIX adds some Lumber to your Fire -g-

To all you VIX watchers,

In the last hour today, VIX moved to its lowest level of the year, and
with the exception of the closes on November 20 and 23, 1998 and
December 23, 1998, the lowest level since the July 1998 price highs.
Draw your own conclusions, Maybe the May 13 VIX reading was not too high to mark a market top at
the time. So far, of course, that has marked the all-time high.
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