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To: ajtj99 who wrote (190)5/21/2001 6:07:09 PM
From: Les H  Read Replies (1) | Respond to of 29601
 
Was about to post this chart on the VIX to someone else

geocities.com

The 21-day stochastic hit 0 on Friday. Same for VXN. Eventually there should be some regression back to the 21-day moving average of the volatility and then fall back (i.e., market rally with trend). A more substantial correction occurs when the volatility and its moving average crossover.