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Re: [RT] GEN: TRIN READING?



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Part of the reason for the low vix and ndx vix is that actual 
volatility is down.

Chris


--- In realtraders@xxxx, hbernst963@xxxx wrote:
> Just the facts, sir!  I will now give my opinion - with just 14 
readings > 1.5 for the TRIN in 30+ years - it certainly seems as if a 
major bottom is close. Unless this is 1930-1932 all over again.
> 
> To be sure that a bottom is closer, I would like to a higher VIX 
reading - over 32-35 would show some fear. We had a VIX reading of 42 
coincident with the March 2001 high TRIN reading. The VIX is only 
25.4 as I write this so more downside should be ahead first.
> 
> Howard


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