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Strategies & Market Trends : Complacency Indexes
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To: TechTrader42 who wrote (241)10/4/2001 10:37:11 AM
From: John Carson  Read Replies (1) of 1487
 
Thanks Brook. Let us know when you get that strong pullback. I usually track VIX and VXN, VIX spiked to 57 and VXN to 99 and change one morning last week, that signaled bottom to me. I will put 80-90% of my cash in if we hit that again in the next month and bounce. That would be the retest. Right now I am still 90% cash.
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