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To: marginmike who wrote (26450)1/2/2002 10:56:50 AM
From: JRI  Read Replies (1) | Respond to of 209892
 
You want complacency? Just bore people with the action (like this past summer) in which a fairly tight range was maintained...That'll likely get the VIX down even further at same stock levels- nice divergence ("bottom is in")

Of course, this would tie in well with your "spring" comment (and maybe this is what you are saying....I'm still ODing on leftover steak-g).....would conflict with "alternation" (from last summer)...but then again, who'd thunk we'd get another April-May type rally in late-Sept to Nov....where the hell did alternation go on that one?



To: marginmike who wrote (26450)1/2/2002 11:11:48 AM
From: yard_man  Read Replies (1) | Respond to of 209892
 
I need more sideways action like this <vbg>



To: marginmike who wrote (26450)1/2/2002 11:16:46 AM
From: Justa Werkenstiff  Respond to of 209892
 
If Vix gap up is not the big one (gap is impressive), its upside would seem to be the 200 DMA at 28.58 (see June, July and August):

stockcharts.com[w,a]daclyyay[dd][pb200!b20][vc60]