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[RT] MKT: OEX CVR signals



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Given today's and more recent action in the VIX, a lot of the 
- quote unquote - cottage industry Vix based reversal signals - are about to 
trip into "Short Market" zone.
 
I would guess another 8% down in the VIX would start the 
tubthumpers.
 
Just a word of caution to those incorporating these into their 
trading landscape thesis:
 
At critical inflection points of change in trend - 
specifically from bearish to bullish on the OEX and related indices - the 
signals, like most oscillators on the first pass after the inflection point is 
reached - are WRONG.
 
Gitanshu






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