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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (20424)	11/9/2001 1:19:33 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 209892

I agree tight stops are the order of the day...

To: AllansAlias who wrote (20424)	11/9/2001 1:23:13 PM
From: marginmike	Read Replies (3) \| Respond to of 209892

Like I said a few weeks back, the VIX is the single best way to gage extremes. Shorting(unless your trading wiggles) when VIX is above 35 is silly, as is going long in low 20's. As a swing trader I could just place a trade at VIX 21 and VIX 38 2-3 times a year and have a great return. I think we need another 300pts on dow and 100pts on Naz to get everyone feeling good. A victory vs terrorism soon could be the catalyst.