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Strategies & Market Trends : Waiting for the big Kahuna

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To: Jerry Olson who wrote (11925)	12/19/1997 10:48:00 PM
From: William H Huebl	Read Replies (1) of 94695

Hey Jer, I KNOW what you are talking about... but I am SO far ahead of you it will take years to catch me...<gggg> I use the VIX to pick market turns and moves and so far, it has been correct since I started using it in August. For example, we are under a "Unified VIX buy" AND under a partial VIX sell. This happened once before when we had such a buy on Nov 11th and about a week later a partial sell. Then there was a unified buy a week after that. ALL those signals were appropriate. I have found the use of VIX to be much more complex than a simple OVER 35, buy signal... In fact, up until recently, Bernie considered a move ABOVE 20 and then a fall back UNDER 20 to be a strong buy signal. Frankly, I beleive he is winging it at this point and really doesn't have a clue! BWDIK? Bill

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