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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (48326)8/30/2000 11:19:57 PM
From: robert b furman  Read Replies (1) of 94695
 
Hi Bill,

Not sure who said it ,but it was eloquently simple and true.

" Vix hitting such lows shows complacency the opposite of volatility". I'll do my bottom fishing when the vix hits the 50's - 60's like it did on 10/7-8/98.

I haven't seen that throw in the towel attitude and we are still coming off a major blowoff top in the NAZ. JMHO

That at least will take time and almost assuredly will require capitulation the opposite of excuberence.
P.S. I sure miss being in touch with the shadow myself.
Bob
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