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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Tommy Dorsey who wrote (8980)8/16/2000 5:18:10 PM
From: Al Serrao  Read Replies (3) of 9427
 
Tom, I'm still confused by the VIX. At this low level can the VIX rise while the market rallies? In other words, does the VIX measure volatility ( the movement of the market in either direction )or more a measurement of the market at this level being overbought? TIA.
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