Friday, October 01, 2004

INVESTOR COMPLACENCY

http://www.zealllc.com/2004/vixspxpf.htm ARTICLE OF COMPLACENCY


http://stockcharts.com/def/servlet/SC.web?c=$spx:$vxo,uu[w,a]daclyiay[pc20!c5!f][vc60][iut!La12,26,9!Lh14,3]&pref=G This chart shows relationship of VXO(old VIX) to SPX (S AND P 500) AND WHAT INTERESTS ME IS THE CURRENT READING WHICH IS ABOVE ANYTHING SEEN EVEN AT 2000 BUBBLE TOP. THIS TELLS ME CAUTION IS ADVISED.

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