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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (70353)	4/3/2003 11:43:30 PM
From: bcrafty	Read Replies (2) \| Respond to of 209892

John, what downside VIX level are you looking for? 26ish, which is the recent double bottom? Or even lower, around 20ish? stockcharts.com[h,a]daclnnay[df][pb50!b200!f][iUb14]&pref=G I have a little trouble using the VIX as a confirming indicator lately because it has moved into a tighter range with a recent double top around 40 (instead of an extreme at 50) and a recent double bottom around 26 (instead of an extreme at 20). I guess the only way to play it right now is to see how things look if/when we get to 26 or so. Also, if the market is going up into late June as the Bradley suggests then the VIX could be more in the 18 range by then, I'd think.