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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: bcrafty who wrote (63457)	1/10/2003 10:52:08 PM
From: jjstingray	Read Replies (1) \| Respond to of 209892

I appreciate your comments. I enjoy reading viewpoints that are different than mine. Some people on these threads take offense to comments when they differ from their own. I like to take in everything people write here and try to learn from it. As far as the VIX and VXN go, I really do not follow them that much. Today was a very slow day, hard to read. Yesterday I thought we would get a gap up and run to about 1105 on the NDX. Unfortunately the jobs number had a different plan in mind. So, when the rally from the lows occured I thought, well, this is mildly bullish. They are buying stocks on bad news. However, when it could not reach my target I decided to evaluate some charts. One of those charts was the VXN. I do not trade off of it but I do like to use it as an ancillary tool to help me guide my decisions in the future. Right now it is telling me we may be very close to a top. Actually I still prefer my 1195 NDX target before a pullback. Anyway, thanks for the dialogue and as always, I appreciate your thoughts.