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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: jmac who wrote (6201)10/6/2000 3:33:50 PM
From: Robert New  Read Replies (2) | Respond to of 65232
 
Its all a matter of market psychology. When it turns the glass will be half full as now its currently being viewed as half empty. This too will pass in time. The VIX for me helps to take away the emotion out of the equation. Pull up a long term chart of the VIX and notice when it spikes to 30 or above its coincided with market bottoms. No guarantees but its been a good indicator for me in terms of buying in the past...