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Politics : High Tolerance Plasticity

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To: jim_p who wrote (15237)	7/19/2002 11:15:55 AM
From: Sharp_End_Of_Drill	Read Replies (1) of 23153

Jim P & Warpfactor, in reply to your postings. >>>In looking at prior spikes, it looks like we should have started the rally by now? <<< >>> The thought crossed my mind today that the VIX has been overstaying its welcome in the 40's. I am of the belief that this downside pressure should end quickly, either tomorrow or Monday. <<< It has been my experience that the VIX tends to indicate an intermediate turn anywhere from two weeks to two months too early. The time deley is especially true with a low VIX. I'm not so sure about a high one, but my point is we're only in the first week or so. Give it a little time. Getting in early is bound to expose you to jumps, bumps & bruises due to the volatility. Sharp

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