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Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?

To: the-phoenix who wrote (464)	4/8/2003 11:26:11 PM
From: byhiselo	Respond to of 941

good point, i'm watching but have doubts on using standard TA on the VIX too chicken to short it anyway g, just think being long volitility at this point will turn out to be the wrong bet, lets see cheers

To: the-phoenix who wrote (464)	4/8/2003 11:35:12 PM
From: skinowski	Read Replies (1) \| Respond to of 941

Interesting chart. It suggests that if VIX breaks below the trendline, it may have room to decline. At the same time, this is a good spot for a bounce. I think you are right, it's probably smart to wait for confirmation here.