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Strategies & Market Trends : John Pitera's Market Laboratory

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mary-ally-smith
To: Fintas who wrote (17215)8/27/2015 3:26:27 PM
From: The Ox1 Recommendation   of 33421
 
You just stated:
Even though you were just proven very wrong with the VIX.

Now look at this and tell me how I missed it, as I stated 4 full weeks before the decline that I was looking for a divergence in the sentiment....

7/23/2015 11:02:45 AM
To: The Ox who wrote (17121) of 17215
There is still more fear of upside than a drop in the market, at least as gauged by VIX and it's short term cousin VXX. VXX down 1.3% with the SPY flat..... I'm waiting for this type of indicator to show fear of falling in a flat market vs. the fear of missing out on the next ramp....as we're seeing this morning.



Lastly, I'm NOT trying to discredit you and, in case you didn't notice, I hadn't posted to you for many months. I left you alone.

This week you decided to post to me. You wanted a reply from me or you wouldn't have posted directly to me. I tried to say it's not worth discussing things with you but you choose to take it further. So here we are.

I'm pointing out that TO THIS OBSERVER you say VERY BEARISH things when the market is negative and then when it's positive, you then say that you weren't bearish, nope, been waiting on the market to rise all along. That simply is a contradiction.
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