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Strategies & Market Trends : Groundhog Day -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (2863)5/2/2002 3:57:25 PM
From: Jorj X Mckie  Respond to of 6346
 
I just sent a PM to someone expressing the same thing.

A major trend like this can't end in a whimper, we need a capitulation bottom to start with a clean slate.

Since I am short, I am doing ok. But it is hard to get too celebratory when I know that so many other people are getting hurt.

I posted quite a bit about the VIX levels in the past couple of months. A lot of people dismissed the VIX, but I think that it is important that we don't forget that complacency is not a bullish indication.