Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (10639)	2/20/2002 3:47:32 PM
From: J.T.	Read Replies (3) \| Respond to of 19219

Rydex levels are just as important to me as VIX VXN is to you... Remember the adage: One day never makes a market. Yesterday I am a fool. Today I am a Wyle E Coyote. Best Regards, J.T.

To: Steve Lee who wrote (10639)	2/21/2002 6:31:13 PM
From: Steve Lee	Respond to of 19219

Here's that VIX/VXN advice from Tuesday night again: "Might be worth repeating here that VIX/VXN never lie. If they are hitting medium term lows, the market will decline almost immediately." Take heed those who swear by the Rydex numbers. Rydex numbers are such a small part of the market as to be almost irrelevant. Closed half the puts bought earlier this week. Will keep the rest probly till Sep lows are reached again but couldn't resist taking some profit on a near double in 2 days.