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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (40484)	2/7/2000 12:33:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

Thanks for that. I was worried all weekend that I was finding patterns to Sell this morning yet I knew you were Short so something was out of whack. Knowing that you became Bullish makes all the difference.

To: Jerry Olson who wrote (40484)	2/7/2000 1:39:00 PM
From: Clay M	Read Replies (1) \| Respond to of 44573

Hi OJ, I'll try to remember to do that. I mainly follow the Vix in relation to the Bollinger Bands, which I've found to be a better overall guide than a specific value for Vix itself. C.

To: Jerry Olson who wrote (40484)	2/7/2000 2:25:00 PM
From: Michael Watkins	Read Replies (2) \| Respond to of 44573

The problem with VIX just hitting the lower band is that it can move down still. What you really want to see is a VIX reversal - hits the band and reverses strongly. Even better, as I posted in my chart last week - is a Gap down and then a strong reversal. Last 4 times it did this, and was confirmed by increased VIX the next day... the SP cash traded down in a narrow range/inside bar in some instances. The following trading day was down as well. 100% reliablity dating back to July 1999, I've not got enough VIX data to show and backtest going back earlier. I'm short the SP and enjoying it...