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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (48396)	6/21/1999 2:33:00 PM
From: MythMan	Read Replies (2) \| Respond to of 86076

Low vix usually coincides with max complacency and max bullishness. Those normally happen at market tops. Vix is high at peak of sell off. Check chart. quote.yahoo.com^VIX&d=2y You got the kahonies to short the Naz today? -g-

To: wlheatmoon who wrote (48396)	6/21/1999 3:43:00 PM
From: John Pitera	Respond to of 86076

Mike, Myth gave you a good feel of the VIX. It was very low last July 20th, and up in the 50's at the end of Aug 1998 and again in early oct 1998. to even out the potential bearishness of the VIX, my friend TANA points this out The only worrisome thing about that from a bears point of view is if one looks at the chart formation of the weekly vix chart one can see a descending triangle that, if on its third attempt it breaks below 20 (Gann third time through), could mean that vix totally collapses (neaning runaway bull). Whether this is a legitimate way of looking at vix, I am not sure, but something to think about. ------------ Re. GDT, BSX and GDT are in a big-time stent price war. cnbc featured 7 inside sellers at BSX, so there is alot of negative sentiment around these companies