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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: MythMan who wrote (8589)10/14/1998 12:50:00 PM
From: John Dally  Read Replies (1) of 86076
 
FWIW, my read of the VIX is that just like in Oct/Nov and then in Dec/Jan, investors got the crap (i.e. shares) scared out of them in the Aug/Oct mini crashes.

tscn.com

All loose shares have been shaken out of the apprehensive investors.

My guess is that whether it makes fundamental sense or not, the market will move higher over the next couple of weeks just like it did in the past.

So, I'm holding off reloading on puts . . .
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