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Re: Justa Werkenstiff post# 95539

Wednesday, 04/09/2003 1:17:04 AM

Wednesday, April 09, 2003 1:17:04 AM

Post# of 704041
"The key to the vxn/vix puzzle may be what I suggested today -
- namley, the Nasdaq and NDX and Sox have topped out while
the SPX and DJIA have not. Look back at last March and you
will see that while the Nasdaq topped on March 12th, the SPX
did not do so until March 19th."
==============================================================

That makes sense. (:

Here's another question for you. I think you mentioned a couple days ago on your Brinker thread that you think we may be in a bottoming process. Assuming I'm not misquoting you, are you thinking along the lines of a top now which leads to a retest of the October lows, which is then followed by a large rally or possibly Bob's cyclical bull?

TIA,

augie




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