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12/23/00 4:16 PM

#2 RE: knotagain #1

Great start here, excellent resources.

For contrarians, which the options market is heavily populated with, low readings on the VIX are bearish, while high readings are bullish.

Makes total sense then, when the VIX pops off the top, go for the bull. We could be as late as feb in having this move, if the interest rates are not lowered in jan, which is a possibility. That would give time enough for the consolidation to occur from now till then, in the low naz 2000's range.

imo