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


To: jjstingray who wrote (36261)3/2/2002 7:52:59 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 99280
 
JJ: Well, you are still in the bear camp it seems <g>. Mish's point is valid. But there are times when man pain does not work. Not saying this is one of them. Don't know. All I think I know is that this thing will turn as soon as Monday and resume the trend which is down.



To: jjstingray who wrote (36261)3/2/2002 8:19:57 PM
From: LTK007  Respond to of 99280
 
<I think it will be short lived. People can say all they want about the VIX and how it does not mean much anymore, but you cannot argue with the graph. On most occasions when the VIX falls as low as it is, we see huge selloffs. I think we will again.> in studying the charts in the past 5 years i can see only once time where the ^VIX failed, and that was at the end November/beginningDecember 1999 at the point that the perfect BULL Storm was about to ignite and explode in the wildest short-term run in history the ^VIX was signaling extreme complacency.