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To: Grandk who wrote (11257)	4/5/2000 10:05:00 PM
From: RR	Respond to of 35685

J: I have used the VIX at times as one more bit of info to help me in a decision. It was above 32 today as you may know, which would normally indicate time to buy. As I recall, it has been a pretty good indicator of when to buy or sell in recent months. Somewhere about 2 weeks ago, I saw a chart that had VIX vs market and it correlated the market top/bottom(dips) quite well with VIX signals like 20 and 30. Rick

To: Grandk who wrote (11257)	4/5/2000 10:41:00 PM
From: bozo1	Respond to of 35685

J Yesterday the vix was as high (35.43)as it has been since 10/15 when it was a high of 35.47...this is an intraday high not closing high. From 10/15 through 11/19 the vix wobbled down to a low of 19.45 (again intraday). It basically wiggled up and down until yesterday when all h broke loose. It is usually a good indicator of market direction at any extreme...that is when it is high (as yestereday and on 10/15) it typically indicates a strong buying opportunity. However, when during the period from 11/19 until before yesterday it wobbled a great deal several times from the low 30s to high teens. I have not correlated each of those highs to market moves but you can do so by going to www.cboe.com. I use it as a good indicator when it reaches any extreme--high to buy and low to sell...works for me but do your own dd I hope you understand these highly technical terms--wobbled and wiggled--these are definitely porch terms only...do not use off the porch...we don't want to confuse the rest of the world.... good luck Kerry