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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: HoodBuilder who wrote (10921)4/24/2003 6:30:31 PM
From: Win-Lose-Draw  Read Replies (2) of 11447
 
$vix is as reliable as anything else. it's just being misused. we're in a bear market, it's measuring bear complacency, not bull complacency. (that assumes it is a measure of complacency, which it technically is not.)

watch for a $vix reversal while the market is still climbing as a clue that bears are completely freaked and the top is near.
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