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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?


To: jjeannie who wrote (22081)11/29/2000 12:48:05 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 24256
 
I don't think there is a magic number regarding the VIX, the low we have in October (I believe around October 12) ends around 35, the Nasdaq is lower than it was in October, so if the Nasdaq is going to make a true bottom, investors has to be more bearish than at that time, so I am just thinking that unless VIX gets close to around 35, the longs are still in trouble ...