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


To: Crimson Ghost who wrote (25240)1/29/2002 2:55:34 PM
From: ajtj99  Read Replies (2) | Respond to of 99280
 
George, it is the spike, not the raw numbers that are telling. There is lots of concern.



To: Crimson Ghost who wrote (25240)1/29/2002 3:15:37 PM
From: LTK007  Respond to of 99280
 
i wholely agree George with your view..



To: Crimson Ghost who wrote (25240)1/29/2002 5:17:08 PM
From: Psycho-Social  Read Replies (1) | Respond to of 99280
 
VIX Channel:
Although I watch it, it's not one of my indicators for decision-making. Based on the historical info I've reviewed, I think you need to adjust the upside limit down to 30 or below, because of the range-bound 3-month period of low volatility that we've had.



To: Crimson Ghost who wrote (25240)1/29/2002 6:35:45 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 99280
 
George: Let's take a closer look at the VXN. On January 22, the last time we visited 1880, the VXN registered an intraday high of 46.53. Today's intraday high along with a touch of 1883 was 44.13. The QQV is much more telling. I think it made an all time low yesterday. Anyway, on January 22nd, we reached an intraday high of 44.13. Today it was 40.40. So, we are more complacent today with those Nasdaq prints than last week yet far more damage has taken place in the overall market today when compared to last week.