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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (14650)10/11/2000 7:53:47 PM
From: Clappy  Read Replies (1) | Respond to of 19374
 
Hi Vendit,

I lurk here often. I have a question for you.

I see the $VIX is above 30.

One thing I notice is that the last time both the VIX was above 30 and it's Rel.Strength was above 70 simultaneously, it was the peak of the selling.

stockcharts.com[L,A]DACLYYMY[DD][PB50!B200!D20,2!B13!B5][VC60][IUI5,3,3!UH15,5,5!LL14!LA12,26,9!LK14!UB14]

Several of the other indicators look to be nearing a top as well.

I'm interested in your thoughts on this matter.

Can TA on the VIX work similarly to the way it works on any other chart?

Thanks.

-ClapOff



To: Vendit™ who wrote (14650)10/11/2000 8:30:23 PM
From: brk  Read Replies (1) | Respond to of 19374
 
Reid, I spoke with a friend at Paine today who said they are looking for 2918 as the bottom. Something about a 30 month moving average as support in market resessions. You ever heard of this ?


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