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Strategies & Market Trends : Options
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To: SecularBull who wrote (7427)5/5/2000 10:15:00 AM
From: edamo  Read Replies (1) of 8096
 
loffy...discipline very important, as is a change of perception of technical indicators.....vix was mentioned above 35, indicating oversold...but the 25-35 benchmark range was in a fairly upward bias year as 1999....selling climaxes could generate a 60% as in october 1998.

too much bullish sentiment exists in a bearish acting market, until there is a confluence and confirmation i would be very cautious.
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