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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (40707)5/27/2003 9:05:45 AM
From: AugustWest  Read Replies (1) | Respond to of 57110
 
Just a random observation
Or perhaps just some out loud wondering.

Let's for a moment assume the VIX is headed to 20, VXN to 25.
Wonder where that would put the SOMPX?

Perhaps it would top out near 1750?
Or could the VIX, VXN levels above represent a much higher market?
Say near 2000?
That would likely kill off any of the last stubborn bears
And would put things at some really, really rich valuations.
Anyhow, just thinking out loud as I look as some monthly charts.