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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: JustTradeEm who wrote (13536)9/7/2001 2:58:42 PM
From: JustTradeEm  Read Replies (1) | Respond to of 19633
 
Oh oh .. heard Bush is going to speak at 3 on the economy and fiscal policy !

Somehow I feel safer when he's trimming trees and playing fetch with the hounds than when he speaks ....

Here's hoping we don't tank ... lol ..... J



To: JustTradeEm who wrote (13536)9/7/2001 3:05:39 PM
From: stevenallen  Read Replies (2) | Respond to of 19633
 
JB,
Methinks your spot on about the close. Do you think VIX 35+ is where capitulation might start, or are you thinking it signals the bottom is in (or close to it). I think VIX hit 40 in April blow-off, but I don't fully know how consistently and accurately it tracks actual market performance.