Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (25369)	10/4/2011 3:37:59 PM
From: GROUND ZERO™	Read Replies (3) \| Respond to of 218713

Hmmm, you're probably right... the near term minor VP triggered this rally, so there's no way to tell right now if the rally is real... GZ

To: yard_man who wrote (25369)	10/4/2011 7:04:54 PM
From: Lazarus	1 Recommendation Read Replies (2) \| Respond to of 218713

look at a chart of the VIX. the 10 year chart shows a peak of 89.53 in '08 but that wasnt the market bottom. when the market bottomed in march of '09 the VIX was 53.25 in 2010 the high on the VIX was May 26 @ 46.20 the market low for 201o was June 21 and the VIX the high on the VIX that day was 30.41 with a low of 22.67 so your notion that the VIX must needs be higher for this to be a bottom makes absolutely no sense at all and has no historical basis to it. i cant even imagine why you would say such a thing among (unless maybe you're stuck on the short side) but really now. this "bad sign" indicator just needs to be ignored. ....i'm not saying the market has bottomed -----> just saying if you think it hasnt you need to make a compelling argument that reasonable people can find credible.