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30-Oct-2006 21:08	Others / S&P/vix log ratio indicator Go to Message
x 0 x 0	Hi newmoon, Do you have a link to this thing you posted?
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30-Oct-2006 16:22	Others / S&P/vix log ratio indicator Go to Message
x 0 x 0	This indicator was at 134 on thursday and is now 129. Normally it is in a band of 100 to 80 The indicator shows that most investors are complacent that the bull trend will continue but it now indicates over confidence Seasonality of a continuing bullmarket till feb 2007 is the common belief. How ever if the correction lasts for more than 3 days the sentiment could change.
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