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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 459.86+0.7%Jan 16 9:30 AM EST

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To: Nancy who wrote (17808)5/18/2002 8:24:39 PM
From: Susan G  Read Replies (1) of 26752
 
Some notes on the VIX

All those articles weeks ago on how the VIX no longer worked...looks like it's still working to me as a top and bottom indicator, it's just that the trading range has changed. The VIX works better with the NDX than the VXN does most of the time.

Align these two charts by the dates and the short term tops and bottoms will line up. The top of the Bollinger band on the NDX corresponds with the huge resistance areas ahead, too.

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