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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: fedhead who wrote (15907)1/24/2003 2:32:51 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 57684
 
You are ignoring good corporate results and a slow grind up in quality tech names as if it isn't there.

Its like the bears in the late 90s, they kept saying things were going to fall but every few months another 20% up in the quality stocks, then finally a correction but to nowhere near the levels where the bears started their bearishness. We are just so far below those october lows on the stocks I follow I don't know if you are serious in expecting things to actually decline to there.



To: fedhead who wrote (15907)1/24/2003 7:02:05 PM
From: hmbsandman  Read Replies (3) | Respond to of 57684
 
>> Well it turns out that following the VIX has been a pretty decent strategy. Buy when it is above 50 and sell when it is in the 20's. Can't get simpler than that.

Amazing..I was looking at:
finance.yahoo.com^VIX&d=c&k=c1&a=v&p=s&t=2y&l=on&z=m&q=l

and that formula is absolutely right. I hope you're wrong about the length of this bear though :)

Sandeep