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Re: learningboutinv post# 54654

Friday, 07/04/2008 8:18:48 PM

Friday, July 04, 2008 8:18:48 PM

learn..I'm sure over time almost every indicator loses some of it's predictive powers the more people know about it. And especially if I have seen it...Anyway I will be waching to see how many more higher highs we get over the coming days..weeks etc to see if we will be able to tell a bottom from the VIX..I still think a spike up to 40 plus would show the proper amount of fear/selling to flush out a good bottom..And if we get 3 more higher highs, we will probably be up close to 40?????

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