SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Henry J Costanzo who wrote (123137)8/20/2005 4:03:48 PM
From: Shack  Read Replies (2) of 209892
 
We've discussed this before here. The historically low VIX is indicative of a longer-term issue for the market, but it is simply not a specific timing indicator. Every VIX analyst I read thinks they've nailed the turning point in its multi-year downtrend, only to find out that yes folks...it can go lower.

You know my thoughts here mc. I do not use sentiment on a day to day basis and if I did the VIX would be the last thing I used. After a 4 year uptrend I am simply waiting for bullish extremes on the one or two indicators that I follow, have always followed, and indicators which have served me very well going back many years.

We have yet to come even close.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext