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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (252330)	7/25/2003 6:40:35 PM
From: UnBelievable	Read Replies (1) \| Respond to of 436258

But You Know Past Performance Is No Guarantee Of Future Performance Besides this time is different.

To: patron_anejo_por_favor who wrote (252330)	7/25/2003 10:37:49 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

some folks over on the wave thread said -- what if you are in that first spot on the chart -- still have barn-burner rally to come then?? I say no ... If you look at the chart of both the DOW 30 and the vix (i guess you ought to have a picture of the OEX??) I think there's a good argument to me made that the structure is completely different. Statistically speaking -- vix has been flat for a very long time -- this round. finance.yahoo.com^VIX&d=c&t=5y&l=on&z=b&q=l At worst (for bears) we get a very deep correction starting in a few days of trading that will be profitable if one is quick, but it is also possible that we've seen the turn, too. Watch how quickly vix rises into the decline -- we get to 30+ and we get high tics with not much further down -- I won't have trouble taking a profit or getting out with my skin -- whichever. This week was a good week to make a stand, IMO.