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Strategies & Market Trends : Waiting for the big Kahuna
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To: Ed Pittman who wrote (9813)11/16/1997 2:48:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
Hi Ed,

If you ever want to check on what a poster is responding to, just click on the post number beside your name in "To" above... it will come up for you so you don't have to seach for it.

VIX is the volatility index. They calculate it by the two closest out of the money OEX options I think... and I think it is current month.

VIX is really the FEAR index... when it skyrockets, people are afraid. What it can tell us is that in a major sell-off and no major jump in VIX, complacency rules.

However, that has NOT been the case thus far and so we can expect more on the upside.

So far, I have Monday (tomorrow) as the weakest day of this week and Tuesday the next weakest. This is from my Barron's forecaster I use.

That could fit with what you see in your indicator which is... (name that indicator!)

Regards,

Bill

BWDIK?
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