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


To: BWAC who wrote (10825)8/5/2003 4:40:32 PM
From: Return to Sender  Read Replies (1) | Respond to of 95907
 
The VIX like everything else is subject to interpretation. Yesterday I posted some charts when it looked like the VIX was breaking out higher:

investorshub.com

At the close yesterday that breakout was questionable but after today's close it looks like the real deal. I will agree with anyone and everyone that the stock market can rise indefinitely with a VIX below 20. What I will never agree with is that the stock market can rise against a rising VIX indefinitely.

We apparently have a new trend in place, however short term. If the VIX to continues to rise then the market will have a downward bias.

During this period of time analysts can upgrade. Economic reports can continue to come in higher than expected but the market cannot rise without a falling VIX.

How long the rising VIX trend lasts is anyone's guess but I hope it lasts long enough for us all to get long the market at levels where we can definitely prosper.

RtS