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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (53524)9/17/2002 1:28:56 PM
From: AllansAlias   of 209892
 
I think the setup here is clear. If we are still pointed down, then NDX should not get above 918 or so. If it does, then it is very likely we will bounce all the way back to just over this morning's high.

P/c is high, bears are dancing, and Rydex is mental. Against this backdrop is a set of very ugly charts and an unworried VIX/QQV. Tough little spot to trade in size.
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