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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (89615)4/3/2001 8:29:33 PM
From: Monty Lenard  Read Replies (3) of 436258
 
My theory is that there will not be the high volume capitulation for the following reason. Since Bear markets end on low volume I am wondering if we will recognize the capitulation as we were able to in the 90's corrections. I have to think that the capitulation will be a gradual process and would confirm your theory of 60+ on the vix. If it is a slow capitulation process rather than a high volume (throw in the towel by the masses), the vix will very likely be able to continue an upward TREND.

Just thinking out loud.

Monty
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