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Strategies & Market Trends : Option Trades -- Ignore unavailable to you. Want to Upgrade?

To: scotty who wrote (652)	2/9/1998 11:49:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 2341

scotty, Yes.Some use 30 & 70. ''The VIX closed below 22 on Friday and the last few times that has happened, the market has pulled back for a couple of days,'' said Chris Cadbury, publisher of Cadbury Fax Service. ''If (the VIX) closed below 22 again today it means the market is still vulnerable,'' he said. ''The equity put/call ratio is toppy, so this is no time to be long. But I don't see a (the stock market decline) lasting more than a week or two.'' biz.yahoo.com PK