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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.66+0.2%Dec 5 4:00 PM EST
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To: Terry Whitman who wrote (31896)10/29/1999 11:08:00 PM
From: KM  Read Replies (1) of 99985
 
That's funny. Despite pretty extreme readings on the VIX at the bottom, very few bears wanted to believe that that was all she wrote on the downside. We were going to Dow 8500 and SPX 950 or something, weren't we? Who was being greedy there after a pretty awesome down move from the top.

Not necessarily disagreeing, just pointing out inconsistencies.
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