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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: byhiselo who wrote (126671)	12/3/2005 11:51:07 PM
From: Win-Lose-Draw	Read Replies (1) \| Respond to of 209892

I guess I didn't make my point clearly. Asking for an SPX:VIX ratio of 20 now is equivalent to asking for daily 50 point SPX moves and a Black Monday once every four weeks. They are the same thing. So that's what I'm asking: do you believe bottoms are marked by daily 50 point move SPX moves? ...is VIX still a useful indicator to gauge market sentiment or not? Except you aren't using VIX, you're posting charts of SPX:VIX, which is an entirely different thing.