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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (14318)2/23/1998 7:38:00 PM
From: Barbara Barry  Read Replies (1) of 94695
 
Bill,
I quickly looked as a few charts just now...so this is not very in depth.But only the vix is looking ominous.Sure short term, most are getting way outside the channel...but when I look at any longer term charts I don't see a sell off.Look at the crazy run last april that lasted months!Although the vix was relatively stable and benign.Even vgy says up to me.Looks suspicious on a one day but check out a 2 day.We have made these kind of runs before.Since I was burned last month with puts,I am going to make sure this time my emotions stay very cool...so just waiting and watching.Am I missing something that your charts are strongly negative?
Thanks for the chart...just printed it and must ponder!:)
Regards,
Barbara
PS I sure wish I was as right as you give me credit for!Thanks
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