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Dimitris,
Attached a picture of the VIX D_sat with the ^NDX. Note the recent VIX
signal (~ 19/May/2003) indicating the start of the current uptrend in the
Nasdaq.
But, what happened at the last VIX signal (~ 3/Dec/2002)? This signalled
the start of a FALL in the Nasdaq.
How do you interpret these signals?
Steve<IMG alt="" hspace=0 src="jpg00191.jpg"
align=baseline border=0>
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