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

To: scotty who wrote (13338)	1/20/1998 6:46:00 AM
From: William H Huebl	Respond to of 94695

Scotty, Beginning in April of last year, the VIX dropped markedly at the beginning of each and every month EXCEPT September... to around the current level from much higher levels... and while there ARE instances in which the market peaked, there are also periods in which the market took off for higher grounds. Maybe if you have some qualifier so that it takes VIX at this level PLUS some other condition to make it a peak, I could go along with your observation. A much greater reason to pick a peak in the works is the pitchfork in which resistance is around 7,900. THAT I could see as a reason to predict a peak! BWDIK? Bill