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

To: Barbara Barry who wrote (23686)	8/8/1998 6:57:00 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

BB, I almost went to Milwaukee for a conference with the Federation of Tax Administrators this week... we have a dozen or so people there from Maryland. But I didn't get to go on this one... I have been to so many in the past! Besides, I am not much of a beer drinker or sports fan. About the VIX... one of the indicators I use on it is a negative ROC... at times it correlates fairly (.5 to .75 currently... remember, correlations go from +1 which is perfect to -1 which is exactly opposite.) well with DOW. If VIX keeps heading down in the next couple of days, the -ROC will break a down-trend line which started back around July 14th... the point when VGY 200 day MA started down. Bill PS That was a long enough sentence for a while! <lol>