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mlsoft

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mlsoft

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Re: ajtj99 post# 5524

Friday, 07/19/2002 2:54:29 PM

Friday, July 19, 2002 2:54:29 PM

Post# of 704019
I agree also on the VIX/VXN. This decline is like no other I have been through (started as a broker with Merrill in 1973) and one thing that has helped me a lot is to throw out of a lot of trading "rules" that were solely based on history - such as "don't fight the Fed". The VIX can go much higher in this post bubble decline, and probably will. The market will also be able to get more oversold than previous norms, and stay that way longer. What we are seeing is the mirror image of the bubble market mania.

mlsoft

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