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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Al Serrao who wrote (8987)8/16/2000 8:45:50 PM
From: Tommy Dorsey   of 9427
 
Vix measures volatility. As the market rises volatility decreases and when it declines volatility increases. with the vix at low levels it spells trouble for market. It is one thing but important. There is much to keep track of and vix should be in the mix. It will not rise if the market rallies it will further decline. It is at lows now. Like charts themselve, there is much more to it than just looking at a P&f chart like most think. t
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