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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who wrote (1797)8/26/2000 1:27:39 PM
From: Bobber1234  Read Replies (1) of 100058
 
Drbob RE: VIX

I'll throw my 2 cents in here.....

It seems to me that this low VIX is an indication in the underlying confidence in the market, the economy, and the markets in general. I have to agree with you that the rest of the indicators are currently pretty positive. The Stochastics appear to be a little overbought but some near term weakness could reset them in a jiffy....

Maybe the NAZ pulls back a little to meet the 200dma at around 4000???

Who knows? JMHO

Bobber
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