Hi all,

Several months ago I predicted 50 to 60 on the VIX before this bear
market action is over, based on a monthly chart 200 day moving average.

We hit a high over 48 last week and now the 200 DMA has picked up
momentum in the UP direction..

I maintain my prediction, at least.
Any short positions on the VIX have probably been loosers?

RVD
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> Wednesday , 9-17-08 , 10:10am...Based on my reading of the VIX
currently, it is time for a turnaround in this mkt at any time...The
Dow is currently - 149 and the S&P is currently trading @
1195...Expect a rally at any time now..To those daytraders out there -
I'm recommending you go long the SPX or the NDX 100 and write puts on
either of these indexes now...Have a nice day trading...Sincerely, hg
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