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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Nancy who wrote (3361)	6/14/2002 6:27:47 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 17639

I have used VIX/VXN and TICK to mark real tradeable bottoms. I was looking for a minimum VIX level of about 38, but now I am looking for 45+. VXN, I am looking for 75ish. Today the VIX spiked to 36 and then pulled backto 29. That ain't gonna do it. TICK has to go a lot lower. And I really don't think that we bungee jump down and kiss the bottom just to bounce right back up. We need to smack it pretty hard and it has to hold and it has to hurt a little.