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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (5676)12/20/2001 11:23:23 PM
From: isopatch  Read Replies (1) of 36161
 
Interesting comment from Zeev Hed about VIX

less than an hour ago.

<I doubt VIX will go much above 30 on the next bottom. September 21 was the bottom and had all the extreme
readings needed, what we are going to see here is a classical retest in which new low should not be set, the number
of the new lows per day will probably not be even half what we experienced on 9/21, and at most we would get
two or three days of -1000 or worse tic reading, IMTO.

Zeev>

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