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

To: Lazarus_Long who wrote (46447)	8/18/2003 12:59:46 PM
From: Original Mad Dog	Read Replies (2) \| Respond to of 57110

LOL..... None of this works, so there's no reason to believe it won't work on VIX too!

To: Lazarus_Long who wrote (46447)	8/18/2003 1:05:34 PM
From: gypsees	Read Replies (1) \| Respond to of 57110

That's it ;o). Though I have been using May's lows. Today is the first day that has so far traded completely below may's lows on the VIX. How valid is that? I don't know. But I don't know how valid most of the methods are; for most of them, I've yet to see studies that show their validity. Me too..but I do know I can't trade off economic reality unless for the long - long term as it could take months for things to get worked thru the economy. Not to mention that I never know how traders and investors will interpret the stuff in the first place. I can't take the drawdowns that accompany that strategy anymore. Seems that charts and indicators are a way to attempt to narrow the time frame for direction and moves within trends. I suspect they are better at it than I am at interpreting them <g>.. Thanks Laz....