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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: jcky who wrote (14022)6/5/2001 2:48:31 PM
From: Jorj X Mckie  Read Replies (3) | Respond to of 15481
 
jcky,
I don't disagree with you at all. I am very concerned with the low vix reading.

If you compare the low levels on the vix to the market action, these levels have been a precursor to another round of selling.

finance.yahoo.com

Looking at the bullish percent for the SPX, it seems like we have an awful lot more downside than we do upside.
stockcharts.com