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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%4:00 PM EST

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To: Crimson Ghost who wrote (42987)3/14/2000 8:31:00 PM
From: Michael Watkins  Read Replies (1) of 99985
 
George,

I'm in general agreement with you

I would not think about buying until VIX spikes well over 30.

except to point out that when things get real ugly, VIX will be 50-60...

Then its time to buy, and not on the first spike above 50, the second.

However... some dips are not meant to be bought. I won't be far from my trigger during those days. *if* this is it.
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