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To: John Madarasz who wrote (70981)2/23/2001 1:35:21 PM
From: yard_man  Respond to of 436258
 
index p/c moving up, but at some point we will see VIX and p/c's going up while the market gets ready to go over the falls ... selling isn't really hitting all the sectors yet



To: John Madarasz who wrote (70981)2/23/2001 1:54:55 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i'm looking for the VIX to hit the 60's eventually.

yes, put buying in index puts has increased, but it's still not at panic levels. not to forget, someone arrogantly SOLD a whole truck load of OEX puts right at the open.