SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: Louis V. Lambrecht who wrote (1786)8/25/2000 7:41:18 PM
From: Premier  Read Replies (1) | Respond to of 100058
 
LVL: Donald Sew at other thread thinks low vix is sign of market topping

marketswing.com



To: Louis V. Lambrecht who wrote (1786)8/26/2000 2:43:27 AM
From: ronz28  Read Replies (3) | Respond to of 100058
 
Lou you are right. On Nov 16, 1999 the VIX closed at 19.63 and is one of perhaps many exceptions to the rule of thumb that a VIX reading below 20 is a sell signal. So I guess I need to understand if the VIX is totally useless as sell signal or if there is something else occurring on the "exception" days that explain the "exception" when the market rises after a low VIX. I wonder if a review of total open interest in puts and calls when the under 20 VIX values occur might help find the reason for the "exception". Something to add to my to do list.



To: Louis V. Lambrecht who wrote (1786)8/27/2000 10:24:37 AM
From: nazticker  Read Replies (1) | Respond to of 100058
 
Louis: your information about vix low in last Nov is right, but I noticed also that in July 99 vix was trending between 19 and 20, and then on July 16 vix closed 18.13 while Nasdaq closed 2860 and finally on Aug 10 vix was up to close at 28.30 but Nasdaq was down and closed at 2490.

So it can go both ways, but for sure we are at the last few points.

Nazticker