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To: Bill Harmond who wrote (109968)	10/9/2000 2:14:53 PM
From: Robert Rose	Respond to of 164684

The correction depends on how far to historical levels the markets choose to go. The vix has been a variable indicator, as I understand it.

To: Bill Harmond who wrote (109968)	10/9/2000 2:58:06 PM
From: GST	Read Replies (1) \| Respond to of 164684

William: The VIX is a good indicator, but I don't think it has come close to spiking, and two days at 30 does not have an air of finality IMO. That would make this yet another sucker's rally -- I wonder what the companies will have to say about the fourth quarter? I wonder how the market will react to earnings? We will have to wait to see the answer.