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[amibroker] Re: ^VIX D-sat



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The market confirmed the quick path to the peak again.
I hope you were on the right side.
DT
--- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx> 
wrote:
> Steve,
> I certainly agree with you.
> There was a discussion about RVIX some days ago.
> The basic argument was some VIX or RVIX price levels.
> For this period, ^VIX D_sat was cool enough to overcome these 
[wrong] 
> price levels. It does not mean that D_sat is T/A A to Z. It is just 
> cute [and probably more useful than arbitrary price levels and 
> advertised material "VIX WILL NOT GO LOWER etc. etc". ]
> Even the recent RVIX lowest is not robust, IMO.
> I noticed relatively low volumes yeasterday. The market is o/b, no 
> doubt about it, but will not loose 30% in a week, sellers are smart 
> enough not to push prices for a sharp decline. the reason is 
> simple:Since they can sell many shares at this level, they will 
wait 
> the market to some probable double peak.
> Of course this is my personal short term estimation.
> Thank you for the interesting note.
> Dimitris Tsokakis
> --- In amibroker@xxxxxxxxxxxxxxx, "Steve Almond (F)" <steve@xxxx> 
> wrote:
> > 
> > Dimitris,
> > 
> > The VIX D_sat has picked some excellent tops (on the ^NDX, for 
> example) over the past few years (look at 2/Dec/2002 or 
29/May/2001) 
> but, like all indicators it isn't foolproof. See attached chart for 
> 30/Nov/1998.
> > (And if you don't have data back to that time - I think you 
should 
> have....)
> > 
> > Steve


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