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

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To: NucTrader who wrote (39344)	12/27/2000 3:08:11 AM
From: donald sew	Read Replies (1) of 42787

NucTrader, >>>> Hahn said this about the VIX: >> The biggest bearish surprise of the day is the increase in the VIX reading. To go up on a day when the big board climbed is counterintuitive and suggests we are not out of the woods, yet.<< Im interpreting the rise in the VIX as excessive fear which could be bullish from a contrarian position, and I believe that he is interpreting it just as a straight negative since a rising VIX implies that the market is willing to pay higher prices on OEX options(PUTs). Per my short-term technicals, we are smack in the middle, so I do admit that it can go either way. seeya

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