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To: Lucretius who wrote (12340)8/21/2000 8:27:21 AM
From: MythMan  Read Replies (2) | Respond to of 436258
 
Don't we have the Fed meeting this week? I would be on the look out for a RISE in the market...



To: Lucretius who wrote (12340)8/21/2000 8:50:28 AM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
Not sure VIX trendlines mean much of anything. To me, up/down spikes are the significant event.

The other measures of put buying are not overly bearish and there are perhaps too many people calling for this to be a short-term top. Might need a pop yet to cleanse this.

If we start to drain I want to be there aggressively, but as of right now I am maintaining a neutral bias.


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