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To: stkboy1 who wrote (122327)7/27/2005 7:53:08 AM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Imo, the VIX/VXN/VXO trading a spitting distance from historic lows reveals such a degree of bullish confidence that expecting any substantial advance at this time is simply not a good odds bet. At the April - May lows VIX traded near 18... and right now, a couple of moderately positive days would drop it back into single digits. Bad place for rockets to take off.... -g



To: stkboy1 who wrote (122327)7/27/2005 10:42:34 AM
From: Moominoid  Respond to of 209892
 

I have said since May that I think this overlapping structure is a B wave but it has done nothing but frustrate me.....which only convinces me it must be a B wave....LOL


Me too :)