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

To: da_cheif™ who wrote (446)4/22/2003 11:34:18 AM
From: tsigprofit  Read Replies (1) | Respond to of 3432
 
thanks for posting the VIX chart, da chief (eom)



To: da_cheif™ who wrote (446)4/22/2003 11:36:59 AM
From: pvz  Read Replies (2) | Respond to of 3432
 
How does the vix in freefall support the bullish case?

You didn't post the deeply oversold RSI on your chart. Even without it, the stochastics are completely washed out.

The vix will rise after it stops falling. And that is bearish for the market. Maybe not quite immediately but it will be soon. It's that simple.

Regards, pvz



To: da_cheif™ who wrote (446)4/22/2003 11:41:34 AM
From: ajtj99  Read Replies (1) | Respond to of 3432
 
I think we need to find some rising support lines that may be in play connecting through the 18.87 low last year.



To: da_cheif™ who wrote (446)4/22/2003 11:43:08 AM
From: pvz  Read Replies (1) | Respond to of 3432
 
I should add that the short term vix situation is not comparable with the longer term bullish case you're trying to make with the A-D line. If anything, they are painting completely opposite pictures.

pvz


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