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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

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To: bobby beara who wrote (34157)11/24/1999 6:49:00 PM
From: Richard Ruscio  Read Replies (2) of 99985
 
I'm just a wandering newbie here, following the investing successes of dennis michael patterson, but don't tightening bollenger bands usually presage an increased probability of a sudden change in level ? And, isn't vix bearish / market bottoming lower (like, 20 or so) and bullish higher / market topping (30 plus).

If the change of trend is my buddy, isn't vix higher a reasonable direction, hence market up ?

Or, am I just being blinded by all the money being made in the top 100 / 65 / 50 / 25 / my and dennis' stocks ?

And, I really miss Don Sew.

Respectfully yours,

rr
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