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To: Shack who wrote (26240)12/27/2001 10:26:10 AM
From: AllansAlias  Read Replies (3) | Respond to of 209892
 
Good point.

VIX just can't wait to be lower. As soon as the market threatens a break, it dives. Market is still trading below the Dec 6 high and the VIX is dribbling down everyday.



To: Shack who wrote (26240)12/27/2001 11:22:21 AM
From: JRI  Read Replies (1) | Respond to of 209892
 
I hear what you are saying about the corrective, but if the downtrend line for NAZ off recent highs gets broken, I'd think that gets bought (and more than just 1%)...

That, plus liquidity/year end hookey makes me wary still of big down....

My Xmas wish was for a double top, with VIX and Soxx divergence...carrying into 1st week in Jan...I need to quit being so fixating on it..can't get anything done around the house..