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The reason I posted was an old friend
that use to be on wall st. years ago recently threw out the idea,"<FONT
color=#000000>When the VIX is Low.....you Got to Go."
Meaning shorting time is near.
Thanks to all for the feedback
it was good for perspective.
Ron
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
EarlA
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, January 22, 2004 2:50
PM
Subject: Re: [RT] VIX Low
I think I've mentioned that I watch it closely but do not use it for
trade entry. It has long been in the territory which would support a short
entry based on other work. But shorts aren't going to go anywhere until the
price and breadth momentum die and the COT commercials load up for a trip
south. With price getting very close to my 1062-1073 target zone, I am
watching carefully for a reversal.
Earl
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Ron
Cernokus
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders ; <A
title=omega-list@xxxxxxxxxx href="">Omega Digest
List
Sent: Thursday, January 22, 2004 11:12
AM
Subject: [RT] VIX Low
Was wondering if anybody has any comments to share on the VIX
being down to14.Ron
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