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To: marginmike who wrote (11753)8/30/2001 10:27:38 AM
From: John Madarasz  Respond to of 209892
 
in light of the Horrific news

Michael Jackson? gg



To: marginmike who wrote (11753)8/30/2001 11:22:34 AM
From: Rhino Ray  Read Replies (2) | Respond to of 209892
 
Mike,
I always thought the rule of the VIX index was that if it's low <21 let it go, and if it's high >31 it's time to buy. Why would we have accelerated selling if it breaks 28. I would think if it breaks 28 we have a little better chance of the market being near a bottom. After all the VIX index is a contrarian indicator.

Ray