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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: pater tenebrarum who wrote (29474)10/13/1999 10:43:00 PM
From: Brian Hornby  Read Replies (1) of 99985
 
Heinz,

Perhaps I am missing something, but I guess I see it the other way around. Extreme highs in VIX usually foretell a big rise in the market, and vice-versa for extreme lows. In fact every time it broke 30 it signaled the end of the sell of and a big run up came after. Also the extreme high in th VIX in mid-July came before the summer correction..

Brian
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