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To: Shack who wrote (69625)3/25/2003 6:13:11 PM
From: ajtj99  Read Replies (2) | Respond to of 209892
 
I think we've got to respect that triangle with the rising support at 29 on the weekly VIX. I don't like the triple top on the VIX at the 41 area, so I think we take that out on a head fake and then drop back down, ending the triangle.

The VIX has been in a rising uptrend, so I don't buy into the VIX must be 22 for a top thing. That could have killed a long in Dec/Jan.