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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Dan Duchardt who wrote (32466)	10/11/2000 6:09:14 AM
From: Square_Dealings	Read Replies (1) of 42787

<<VIX Update:>> Dan, Here's some commentary with another perspective on the VIX. (at end of article) home.att.net Describes the recent action of the VIX as similar to the pattern at the start of the '98 decline. The market is in the hands of mutual fund holders (Joe 6 P)and foreign investors at this point. If they start to sell then the declines will accelerate. Personally I think there's no reason not to expect the declines to be as dramatic as the the market rise was last year. Market bottoms are marked by a high level of fear and capitulation and even with the magnitude of the recent drop, the fear has not been there. M.

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