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To: Lizzie Tudor who wrote (8265)1/28/2003 1:17:09 PM
From: Gottfried  Read Replies (1) | Respond to of 95737
 
Lizzie, AMEN! >You can't have a major capitulation event with 2-5% of the funds that existed previously.<

Bernie Schaeffer called for vix 100 last September and here's how I refuted it

investorshub.com

Gottfried



To: Lizzie Tudor who wrote (8265)1/28/2003 1:17:51 PM
From: Return to Sender  Read Replies (1) | Respond to of 95737
 
We don't need to measure capitulation by dollar values or even trading volume for it to take place again. It can be measured in technical and sentiment terms with the understanding that a lot of capital has been taken out of play.

The VIX has already been above 40 again. How many of those who read this thread truly believe it won't hit 50 again if we go to war with Iraq?

Lets hear from the bulls who still think this can be avoided. I say it will hit 50 again and that BPNDX is destined to trade below 30 and probably below 20 again too.

RtS



To: Lizzie Tudor who wrote (8265)1/28/2003 3:26:16 PM
From: BWAC  Respond to of 95737
 
Lizzie,
You will never make that informative point to more than about 5 people left on SI. The rest of SI is partying in direct reverse of year 1999 and 2000.