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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (120764)	6/21/2005 4:18:51 PM
From: skinowski	Read Replies (2) of 209892

Unbelievable. VIX made the lowest close in who knows how many years, and VXO - just as VXN - the lowest on record. Shack is right - the stubborn Rydex shorts are an argument against a macro down... but such unprecedented complacency tells me that the upside is also... limited at best.

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