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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who started this subject1/8/2003 4:35:05 PM
From: exp   of 30712
 
all cash..closed ndx short in profunds (opened 1/7)...still cash in mut funds...
spx/dow/bkx/ndx/comp/sox still above 50sma...
equity p/c at 0.8 very high..trinq also very high..possible mkt reversal up tomor..
yet more down quite likely to get to/below max pain..
ndx/sox bbs very narrow so another big down day may follow..
qqq/spx still a bit above max pain but sox below max pain..
wed before expiry so they "squared things away" as usual..
vix, vxn bounced from lower bb/bottom..
tnx lower but closed at mid bb..
xau bounced from mid bb..
usd new low...gold new high...oil lower...
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