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Strategies & Market Trends : Waiting for the big Kahuna
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To: P.T.Burnem who wrote (22743)7/30/1998 2:28:00 PM
From: Follies   of 94695
 
FWIW, I've found watching the VIX intraday to be very useful in anticipating major averages movement. I know a lot of posters here look at it at the close of day but as long as the VIX is downtrending during the day the market holds up well. We just hit the low of the day on the VIX 23.17. If we can drop below 23 I think this rally will continue.

Any other intraday VIX watchers out there?
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