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Politics : High Tolerance Plasticity

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To: Warpfactor who wrote (15830)	8/5/2002 10:52:09 PM
From: Sharp_End_Of_Drill	Read Replies (2) of 23153

Warp, you are expecting a lot out of the VIX. My observation has been that it usually signals an intermediate term bottom anywhere from 2 to 6 weeks early, maybe more. We are only a few weeks along now, so there's still hope. We've got the obvious revelation that there won't be a second half recovery (again) working against us, and my biggest fear is fleeing foreign capital - but international markets are tanking too so where would they go? The great majority seem to be expecting a short rally that lets them get out before the big plunge at a later date. I've been hoping for a rally to stock up on puts. Are we all chasing a dream? Sharp

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