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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Q. who wrote (8295)9/17/1999 12:18:00 PM
From: Madharry  Read Replies (1) | Respond to of 78825
 
Plese tell me more about VIX. My take on yesterday was that a lot of the morning decline was overdone and somewhat manipulated. I also suspect that today's advance is somewhat manipulated. Triple witching , friday short convering into the weekend. I am discountng today's action for the time being and we shall see what next week brings.



To: Q. who wrote (8295)9/17/1999 2:08:00 PM
From: Michael Burry  Read Replies (1) | Respond to of 78825
 
When you say bottom, what's your time frame? Nevertheless, you may be right about the market. I readily admit I don't know how to call it, and I'm realizing I sleep better if I don't try. I just know that I've sidestepped several individual bombs (and had opportunity to buy in cheaper - I just bought one back today) by getting out as old support was violated, and paid for it just about every time I held on thinking the violation was minor.

Mike



To: Q. who wrote (8295)9/17/1999 4:32:00 PM
From: jeffbas  Respond to of 78825
 
Thanks for your explanation of VIX.