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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (35969)11/20/2000 2:36:19 PM
From: horsegirl48  Read Replies (1) | Respond to of 42787
 
dONALD do you feel the biotech have a lot farther to go down? I have wanted to buy BBh and feel the price is looking good, but still have fears we could go lower.
HG48



To: donald sew who wrote (35969)11/20/2000 2:50:30 PM
From: JRI  Read Replies (1) | Respond to of 42787
 
Don, I agree with you that the VIX can go well above 30, but it looks like in most cases, the action once above 30 usually leads to a spike, or a quick turn back below 30 (in other words, the VIX doesn't sit above 30 very long without resolution)..

In the cases of the VIX going to 170 (1987) and 60 (1998)....Looks to me that a lot of that happened within a couple days at most, and even hours...


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