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To: Justa Werkenstiff who wrote (26315)	12/28/2001 9:45:10 AM
From: marginmike	Read Replies (2) \| Respond to of 209892

Sold all my oil stocks and Index calls. 35% profit, booked!

To: Justa Werkenstiff who wrote (26315)	12/28/2001 9:47:16 AM
From: sun-tzu	Read Replies (1) \| Respond to of 209892

Maybe so, but such a reading means in this bear market has been the signal for an intermediate top we really don't have good data for the VIX in any secualr bear market. 22 has broken and the best way to play this one right now would be a move to the lower end of the next range...namely 20.