SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Compadre who wrote (44156)4/22/2003 2:15:20 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Jaime,

The VIX is relative, otherwise bottoms would occur at 180 and tops at 10. -g- And relatively speaking, this is the most oversold VIX I can find by standard technical measures. Even odder considering that the market is flat while the VIX has gone parabolic down.

I should probably spend more time looking at other occurrences of a big down move in the VIX in a flat market, but the one I could find - March-April 1996 - took six months to clear that level.

The one problem I see for the bears is that there are just too many puts below the market.

Still, if the Dow clears 8522, we could see even more up for this.

Paul



To: Compadre who wrote (44156)4/22/2003 2:42:22 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 52237
 
in the old bull day's a VIX below 20 signaled a turn down .... are we there now ? ........ at 23.6 on the VIX we may have way to go.

BTW was out was there any reason for the rally ?


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News