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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (3646)4/2/2001 4:18:44 PM
From: John Pitera  Respond to of 33421
 
Tim, the SOX broke down to new lows today, as it appeared it would. we did not have have the VIX or VXN
(OEX and NDX option volatility numbers high enough today, they still in bear trend territory....

VIX, VXN
4/02/01 2:29 PM ET
I'd sure like to see higher levels of put trading as the CBOE equity ratio is only .64. We need .85-.90 or more. How about the VIX back near 40, VXN at 85 (it's only 73) and some big minus tick readings.