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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: jhg_in_kc who wrote (12315)	2/23/2001 12:29:05 AM
From: Bill Fischofer	Respond to of 17183

Re: VIX You can obtain quotes for the VIX at cboe.com The Volatility Index (VIX) is a measure of the implied volatility of near-term at-the-money options on S&P500 issues at the CBOE. The technical construction isn't terribly important but it is a reasonably reliable read on sentiment. In general VIX readings below 20 signal complacency while those over 30 signal fear. VIX readings over 40 indicate panic. Because the VIX is correlated with the S&P500 the CBOE recently started a new index, the so-called "Vixen" (VXN) which measures the same for the NASDAQ 100. Unfortunately the VXN has only been published since January of this year so it hasn't yet established a range. However, it closed today at a new high of 71.83 compared to the readings in the low 60s seen just a couple of weeks ago.

To: jhg_in_kc who wrote (12315)	2/23/2001 2:58:25 PM
From: Joseph Ziebarth	Respond to of 17183

Sounds like you need to shut down until July 30th. NOT selling now is what is meant by long term investing ... it's what must be endured. Had you timed the market you would have cashed out INTC at $75 and EMC at $100. If you are still here, then you are not timing the market. Just close your eyes and wait it out for a while. IMHO this is just paper money until you cash out. Changing your investment strategy now gives you the worst of both worlds. You won't be here for the upswing either.