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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (10737)	7/30/2003 10:04:06 AM
From: robert b furman	Read Replies (1) \| Respond to of 95456

HI G, Strange development this A.M. All of my small caps are up and all of the big caps are down. Stealth bull market -giving a head fake?? Bob

To: Gottfried who wrote (10737)	7/30/2003 10:57:53 AM
From: Return to Sender	Read Replies (2) \| Respond to of 95456

Gottfried would you concede that since 2000 a VIX reading near 20 or actually below 20 has preceded a market sell off? These charts prove it: investorshub.com Previous to the year 2000 the market climb to the bubble top of 2000 you are right the VIX did indeed stay below 20 for years! During that time it had absolutely no deleterious predictive ability. While market pundits do need things to write about it may be unwise to assume that the VIX below 20 could not predict a market fall in 2003. Just as it might be unwise to think that a VIX reading near or actually below 20 has to result in a market sell off. It did in 2000. It did in 2001. It did in 2002. Will it in 2003? I don't know but honestly are you sure it won't? I will tell you that I honestly look at the monthly charts and see a good possibility for the VIX to fall as low as 15 or 16 in the absence of any world shaking news. The market could continue to rally without paying any attention to the low VIX. Time will tell. I do hope that you will admit that it is possible that the market may correct as well? RtS