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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: michael sabarese who wrote (48017)8/6/2000 10:12:38 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
Michael,
Do you put any weight on to the VIX? It is at very low levels and has given a bullish signal (bearish for the market).

I still think that without the capitulation selling, we will have to keep the probability in mind that we will have another big correction. That is not to say that we don't have a playable bull rally.

JXM

BTW: Welcome to the thread.



To: michael sabarese who wrote (48017)8/7/2000 10:39:59 AM
From: The Phoenix  Respond to of 63513
 
I think one has to use all the tools at one's disposal to make judgements on where and when to invest. Jorj probably has more tools than anyone I know....... I trust his opinion when it comes to this kind of stuff.. I'm more a seat of the pants macro view kind of guy.

Good luck - and welcome!

OG