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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (55837)10/10/2000 7:04:11 PM
From: MulhollandDrive  Respond to of 63513
 
From what I've been reading the VIX needs to be up around 34, not quite there yet. I'm not a big follower of the VIX, probably someone here keeps track of it, though.



To: Lizzie Tudor who wrote (55837)10/10/2000 7:04:48 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 63513
 
VIX is getting in the right territory, but I would suspect a move to 31 is needed for true capitulation. This is partly from some stuff that I read on another thread and then it is also a resistance level on the P&F chart. It is also 1/2 of the move on the April move in the VIX.

Then again, 27 is also a resistance level.


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