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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Tommy Dorsey who wrote (9033)8/24/2000 12:23:01 PM
From: Quest  Read Replies (1) of 9427
 
Tom, a few days ago you mentioned the Volatility Index. I looked up the chart (ticker VIX) at DWA and noticed the chart has given three sell signals. Does the chart move in a contrary manner? In other words if volatility is high does the chart trend downwards? I'm trying to understand how to use this indicator. Could you take a moment to say a few words about this chart?

Thanks.
-Q
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