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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (7840)	11/25/2001 12:08:06 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 99280

The VIX direction is down but the market -- at least in the past week -- has done nothing with it. And that is what matters. So the VIX either signals a forthcoming turn, or neutrality, but not bullishness, IMO, as it has meant absolutely nothing to the market with a 13% decline in the VIX. It is not bullish, short or intermediate term, to have higher complacency but not higher stock prices. It means that complacency is pushing on a string IMO. It is a hint of a topping process and investors should take note.