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Strategies & Market Trends : Raptor's Den II

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To: da_cheif™ who wrote (446)4/22/2003 11:36:59 AM
From: pvz  Read Replies (2) of 3432
 
How does the vix in freefall support the bullish case?

You didn't post the deeply oversold RSI on your chart. Even without it, the stochastics are completely washed out.

The vix will rise after it stops falling. And that is bearish for the market. Maybe not quite immediately but it will be soon. It's that simple.

Regards, pvz
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