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To: hmbsandman who wrote (15917)	1/24/2003 7:25:39 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 57684

yeah but don't you think it only works for trading? For longer term it doesn't work. See that blip in 91, where the vix and nas are inverse. I hope that is where we are now. finance.yahoo.com

To: hmbsandman who wrote (15917)	1/24/2003 7:34:48 PM
From: fedhead	Read Replies (3) \| Respond to of 57684

Except during the 87 crash the VIX was in the triple digits so I wouldn't buy just on the fact that VIX is above 50. I have a feeling this bear market is going to set all kinds of records and that might include VIX levels over a 100 at the bottom. Anindo