Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Shack who wrote (39915)	3/11/2002 6:39:21 PM
From: limtex	Read Replies (2) of 99280

Shack - (8th post)The only question remains is it just a minor top or something greater. Disagree. There are other questions, many other questions for instance:- Does the VIX have any significance whatsoever to the future direction of the market or is whatever relationship it may have had in the past:- a. Purely co-incidental and/or b. Obtained as a result of morphing , for example allowing the VIX a few days or weeks or months before associating it with a conveniently occuring market event etc. IE bending the VIX to whatever intepretation suited one to help it explain and/or be related to a conveniently located downturn in the market. I am firmly of the view that with the complextiies of modern markets no historic indicator is predictor of the future direction of the market. Best, L

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