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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: velociraptor_ who wrote (2177)7/29/2002 12:33:28 PM
From: Stockdoctor  Read Replies (1) | Respond to of 10157
 
Velo....you expect today to be the TOP......or is DOW 9000 coming?



To: velociraptor_ who wrote (2177)7/29/2002 12:50:19 PM
From: The Freep  Read Replies (1) | Respond to of 10157
 
Velo -- the VIX did the same thing in September, too. This is a serious question: what makes this time more bearish than that time? Better chart patterns in play in your eyes? Something else?

Thanks,

the freep



To: velociraptor_ who wrote (2177)7/29/2002 10:57:04 PM
From: Dave Gore  Read Replies (3) | Respond to of 10157
 
CNBC Professor says sudden drop in VIX positive. That is signals confidence returning. In fact he thinks we've probably hit the bottom.

While I don't necessarily think we've hit the bottom, I am surprised you see the sudden drop in the VIX as bearish. It can be, but in this case, the calm in the Markets today was hardly bearish and that fact dropped the VIX reading down.


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