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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (609)5/14/1998 9:17:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (2) of 44573
 
VIX closed at 21.10 today......posted a low of 20.51 today. Last
couple of times when we've taken out 20 % the market has sold off soon
thereafter.


I dont know anything about the VIX

Is this person talking taking out 20% on the down side and if we get there we sell off

OR
we took out 20% to the upside and now we are going to sell off
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