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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (81276)10/2/2008 9:17:02 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
VXN is Nasdaq, it had a bubble. That was excessive -g-
Nevertheless, if the Porky bill does not pass, you'll have
your Black Friday and Monday -g-

VXN was 80 at one time

Here is highest VIX. We exceeded that

Oct-02 34.12 42.64 30.00 31.14 0 31.14
Sep-02 39.97 40.65 34.60 39.69 0 39.69
Aug-02 36.95 45.08 27.75 32.64 0 32.64
Jul-02 27.11 44.92 27.11 32.03 0 32.03



To: William H Huebl who wrote (81276)10/2/2008 9:32:26 PM
From: Paul Kern  Read Replies (1) | Respond to of 94695
 
Not before VXN gets over 70... remember, October has not been a good time of year in many years!

VXN hit 99.35 in 2001.



To: William H Huebl who wrote (81276)10/2/2008 10:12:10 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Ah. We are in a broad bottoming zone. SP could drop 50 like
a charm, but it should bottom by next Friday. -g-



To: William H Huebl who wrote (81276)10/3/2008 8:08:08 AM
From: Real Man  Read Replies (2) | Respond to of 94695
 
Clear event risk today. If we get a positive vote, the bottom
will be put in. If not, then we should get some more dumping,
and then a bottom will be put in. -g-


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