Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (60049)	10/7/2000 2:24:37 PM
From: CookiePuss	Read Replies (2) \| Respond to of 99985

Everyone is saying we haven't hit bottom yet which says to me we have hit the bottom. Believe it or not, there have been rallies over the past several years that started without a dramatic sign of capitualation. Regardless, there is already plenty of blood on the streets.

To: Les H who wrote (60049)	10/7/2000 3:51:29 PM
From: Haim R. Branisteanu	Respond to of 99985

Les the writer of this article fails to notice another factor similar to fear and that is the IV (implayed volatility) of option pricing.IV has almost doubled in the last 2 weeks. In other words those writing option are quite fearful and they fully hedge themselfs that is why may be the VIX is misleading. Aside most speculation was in Tech stocks and there the the QQQ VIX may tell a different story. The VIX mentioned is the OEX which is also representative of 100 stocks on all 3 exchanges.