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Strategies & Market Trends : Options
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To: SecularBull who wrote (7437)5/5/2000 10:28:00 AM
From: Poet   of 8096
 
Loffy,

There's disagreement on the exact points indicating oversold and overbought on the VIX. At the nadir of the crash this year, the VIX reached approximately 38. The VIX as of last night was about 35, if using sentiment indicators at all (and many traders still don't) the VIX over 30 is reliable, IMO.
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