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


To: Psycho-Social who wrote (17128)12/31/2001 7:48:18 AM
From: ajtj99  Read Replies (2) | Respond to of 99280
 
psych, check out the VIX in 1999-2000. Bubbles resemble each other. We're in a new bubble right now, IMO, so the VIX should act accordingly:

table.finance.yahoo.com

Nasdaq numbers for the same time period:

table.finance.yahoo.com

The spike in the VIX, either up or down, is the best predictor of market direction, not absolute values (other than a crash).