Cad,
I had a model like that for years. It tore the cover off the ball in the 90's, then it went sloppy on me.
I do know that the Relative VIX is a pretty darned good bottom spotter.
Mark
T-4 and Relative VIX
Started by
OEXCHAOS
, Aug 02 2007 08:53 AM
15 replies to this topic
#11
OEXCHAOS
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Mark S. Young
Posted 02 August 2007 - 11:29 AM
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#12
kaiser soze
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Posted 02 August 2007 - 11:48 AM
Mark,
What kind of bottom do you think the relative Vix is spotting , a short term trading bottom or an I-T bottom ?
KS
#13
OEXCHAOS
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Mark S. Young
Posted 02 August 2007 - 12:08 PM
An interim bottom, from yesterday. We can go back down there and even lower next week. In fact, I think we do.
Check out last summer's readings.
Mark
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#14
brasilstocks
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Posted 02 August 2007 - 01:14 PM
because of the indicators you mentioned here or is there something else.An interim bottom, from yesterday. We can go back down there and even lower next week. In fact, I think we do.
Check out last summer's readings.
Mark
thanks
Edited by brasilstocks, 02 August 2007 - 01:15 PM.
#15
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Mark S. Young
Posted 02 August 2007 - 04:37 PM
I just don't think the decline is done yet, either sentiment-wise, or structure-wise.
Mark
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#16
arbman
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Posted 02 August 2007 - 05:33 PM
I just don't think the decline is done yet, either sentiment-wise, or structure-wise
I agree with you, but the lows are probably in for a while, it will be a retest...
One or two more day of a drop would not really reverse a V-shaped rally idea here though, it would be nearly a doji for the week and probably still bullish since it still shows no follow through after the big drop last week...
