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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (25003)8/21/2001 10:51:35 PM
From: Crimson Ghost  Read Replies (1) of 30051
 
Talk about sentiment indicators not reaching extremes, VIX closed today at 26. Last spring at hit 40 at the market bottom. And 60 at the 1998 trough. I know you do not put too much emphasis on this indicator,, but a major market trough with VIX at 26 (or under 30 for that matter) is hard to imagine.
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