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


To: Steve Lee who wrote (54226)4/22/2002 11:22:50 AM
From: Smart_Money  Respond to of 99280
 
It's wonderful for longtermers like me. I figure I don't need to retire for 25 years. I am having a blast.



To: Steve Lee who wrote (54226)4/22/2002 11:31:16 AM
From: Justa Werkenstiff  Respond to of 99280
 
Steve: Re: "NDX down, VXN down. That's not good (for longs), is it?"

Agreed. Look at it this way. Even if we were to rally from here, where is the upside fuel from this indicator or from the Vix? Too much complacency. Now look at the downside if the VXN heats up again. Downside could be big.