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To: craig crawford who wrote (137889)1/25/2002 6:25:50 PM
From: Oeconomicus  Read Replies (1) | Respond to of 164684
 
Six and a half month low (but still above historical norms: finance.yahoo.com^VIX&d=c&k=c1&a=v&p=s&t=my&l=on&z=m&q=l ) and the short interest ratio (NYSE) is still rising. I'd put more weight on the latter than the former. The VIX was much lower throughout the mid-90's and that was a great time to buy stocks. Then there's the 10-day Trin - it's flashing BUY, crossing over 1.50 for 3 days in the last week and a half. It doesn't reach that level often (half a dozen or so times since 1980) and, with the exception of last year when 9/11 threw a wrench in the works, it's been a very reliable indicator.

Besides, who's having fun?



To: craig crawford who wrote (137889)1/25/2002 8:26:38 PM
From: fedhead  Read Replies (1) | Respond to of 164684
 
I wonder if VIX is still a valid indicator considering almost every body and their mother watches it these days.

Anindo