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Strategies & Market Trends : Raptor's Den II -- Ignore unavailable to you. Want to Upgrade?


To: Win-Lose-Draw who wrote (256)4/18/2003 2:48:10 PM
From: sun-tzu  Read Replies (1) | Respond to of 3432
 
finally! a VIX chart that dates prior to 1999.



To: Win-Lose-Draw who wrote (256)4/18/2003 2:52:34 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 3432
 
WLD: Okay, let's dress up your 1996 chart and slap on some bollingers and a 14 day rsi. Now find what happens after we twice both hit the lower bollinger and 30 rsi during that year:

stockcharts.com[w,a]declynay[d19950418,19960418][pb200!d20,2][iUe1,200,1!Ub14]&pref=G

That is exactly where we are now.



To: Win-Lose-Draw who wrote (256)4/18/2003 2:56:50 PM
From: sun-tzu  Respond to of 3432
 
the VIX trades in ranges, both up and down. it is actually fairly predictable when support and resistance levels are breached. it should trade to 19 from here. if that is breached, 17.5 is next to fall.

historically, the VIX is still quite high. in fact, when extreme upside readings are obtained, it is typically followed by some flatline behavior. given, the multiple spikes seen in the recent past, is a prolonged period of flatlining next? that's where the trading "art" comes in to play.



To: Win-Lose-Draw who wrote (256)4/18/2003 3:11:05 PM
From: Justa Werkenstiff  Respond to of 3432
 
WLD: You must think I am Zeal <g>. Never said anything about the 200 dma.

The Vix is dynamic and will change with the market. On that I agree. Don't know what the vix range will be further out. The changes will be gradual changes. Right here and now under the rsi and bollinger method suggests that we are in an extreme area as can be seen even in your charts to have historic merit.

Zeal uses the 200 dma to measure the here and now. Whatever.