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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (25955)1/18/2003 9:13:29 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 36161
 
Yes hard to figure and very bearish in my view. Complacency despite market weakness.



To: Canuck Dave who wrote (25955)1/18/2003 9:31:19 AM
From: Sharp_End_Of_Drill  Respond to of 36161
 
Canuck Dave, regarding the VXN.

I believe the VIX and VXN are best used to try to indicate intermediate term moves.

They seem to lead the indices by 2 to 6 weeks, so looking at any moves on a daily basis versus their indices is dodgy at best.

Sharp


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