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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: Steve Lee who wrote (10039)1/31/2002 3:10:35 PM
From: J.T.  Read Replies (2) of 19219
 
Your question is like rolling loaded dice where the house can never lose.

Here is a different way to look at it:

History has proved that the market has moved up 10% higher or more enough times when the VIX was at a low level relative to the previous months and the VIX continued to move significantly lower as the market rose higher.

The bottom line is this: I have provided ample proof where the market was at low levels on the VIX (much lower than VIX 24 here)and the VIX continued to go significantly lower as the market melted up.

Nothing else really matters

I have no further comment on this subject.

Best Regards, J.T.
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