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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (12845)6/17/2002 12:20:08 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
My point is Steve said VIX/VXN was/is NEVER WRONG.

Well. The market proved him wrong.

He never told us why.

Let him answer for his "it is never wrong statement".

As for my analysis on VIX breaking out of the trend to the downside, the judgment is still out.

Once the market melts-up you will find VIX to be a worthless
indicator of market analysis. The market will bear this out.

Best Regards, J.T.