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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.930.0%Nov 14 4:00 PM EST

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To: Jon Tara who wrote (33693)11/18/1999 6:07:00 PM
From: donald sew  Read Replies (2) of 99985
 
Jon,

You are correct about lower VIX level. I believe that in this environment the lowest that the VIX can get is in the high teens. Thats not to say that it shouldnt reverse on a short-term basis right now.

There should be some selling tomorrow, if my CLASS SELL signals on the SPX will get negated and the SPX could rocket up. It needs to close above 1430 to negate my signal.

seeya
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