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

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To: Tom Trader who wrote (5781)10/8/1998 10:06:00 AM
From: donald sew  Read Replies (2) of 44573
 
Tom,

The VIX hit the 52 range, and the last time it hit such high levels it was a strong BUY signal. So is this a BUY SIGNAL.

The reason I mention it, is not that I think it is a concrete BUY signal, although it could be, but that I, as many, have noticed how this volitile market has skewed the technical indicators.

Just a bit of advice to many, and that is not to rely too much on individual technical indicators.

seeya

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