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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Tom Pulley who wrote (83747)	4/18/2003 10:18:18 PM
From: Jon Khymn	Read Replies (1) \| Respond to of 99985

Tom, thanks for your thoughtful post. Life is good, after all these years, I'm still learning something new everyday -g- I've compared put/short and VIX. Both have a lot in common and the p/s ratio seems to be a useful tool, but I like VIX better as a investors sentiment gage. VIX seem to represent better picture. It's good to know the general public is quite comfortable with this market. I think the shorts have a better chance of nice down turn when everyone feels all is well... Stage is set for a rude awakening.