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


To: Crimson Ghost who wrote (57386)4/26/2002 4:25:18 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
George, because the last bottom in the VIX was so low (18 or so, if memory serves), we may not have to go as high as 30 on the vix for a bottom this time. My guess is that this decline will be interrupted before it reaches its nadir (thus my relatively low cash going into this weekend at 36%). QCOM just got sold here in AH at $30.94, I did not like the new low print under $31. Loss $1.48.

Zeev