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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (63600)4/28/2003 11:49:04 PM
From: Real Man  Read Replies (1) of 94695
 
Don't see it. Rather, the bounce off 98 support. Should it trade below 97.5,
the bear will resume in force.
quotes.ino.com

VIX is getting close to 20, VXN is at multi-year lows. Got fear? We'll see significant pressure on the dollar when stocks stop doing their monkey rally. I think this may be very good time for puts, longer term (3-6 months out), betting on increased VXN/VIX. This week should make the top.
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