Ask DrBob Message Board - Msg: 14241861

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Strategies & Market Trends : Ask DrBob

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To: Louis V. Lambrecht who wrote (265)	8/19/2000 3:42:21 PM
From: bcrafty	Read Replies (1) of 100058

lvl: Thanks for your thoughts on the VIX I really do appreciate the time and thought you and many others put into answering the questions of those on this board who do not have as much experience or insight. I'm learning new ideas everyday from those on this board. and I would be tickled pink if I could have half the gains you mentioned in your closing message to Raging Bull. Congratulations on a great job. Regarding the VIX as an indicator to get in or get out of the market, I plan to stay in indefinitely whether it goes up or down. Right now I am only trying on a day to day basis to decide whether to go short or long, and I was hoping I would be able to look at the VIX as one of a few indicators to help me in that decision, but I guess it's not what I thought it was and might be helpful only at market extremes. Good luck next week and happy trading.

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