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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: da_cheif™ who wrote (10758)2/25/2002 9:29:05 PM
From: Steve Lee  Read Replies (1) of 19219
 
It probably will go to 10, but not in the next couple of years. For the time being, VIX and VXN at today's levels means imminent drops in OEX and NDX.

I guess the DOW will lag the OEX, as we are still in the recognition phase of the bear. It is amazing but after nearly 2 years of down, some investors still hope to get their money back in the short term.

Long way down yet, but there will be rallies in between.

Do you have a date in mind for your VIX of 10?
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