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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (59155)9/6/2003 1:32:06 AM
From: Dealer  Read Replies (1) of 65232
 
Hi RR! Man I hate doom and gloom but have ya checked the VIX lately...(last time I checked it it had turned back up a little)....We might have a little pull back this month. Don't cha think? Maybe then we can let'em rip.

stockcharts.com[h,a]dallyyay[db][pb50!b200][vc60][iUk14!La12,26,9]&pref=G

VIX is often used as a contrarian indicator. Prolonged and/or extremely low VIX readings indicate a high degree of complacency and are generally regarded at bearish. Some contrarians view readings below 20 as excessively bearish.

President Bush is speaking Sunday night.

Keeping my hand on the trigger.

dealer
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