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To: The Jedi who wrote (37626)	3/27/1998 2:16:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

I just looked at the VIX. It has started to rise steeply. In the past the peaks have coincided with a short term bottom for the DJ30. When the VIX peaks then it is overbought and that means the market is oversold. Look at 3/5/98 VIX created a small peak and that was short term bottom for DJ30. I am a little confused here.... when you said it is peaking in the first paragraph..that means we are going down to a short term bottom...or we are at a short term bottom and are going up just trying to reconcile what you are saying in the two posts... how is VIX overbought...means market oversold???? i am confused because I dont know anything about the VIX in one of the chart threads...vix over 20 means flashing warnings watch out below