MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: pater tenebrarum who wrote (38418)	1/28/2000 7:00:00 PM
From: Crimson Ghost	Read Replies (1) of 99985

heinz: VIX jumped from 25 to 29 today signalling a certain amount of fear in the marketplace. For some time the market has tended to bounce whenever VIX reached the 30 area. So a short-term bounce could well develop on Monday. But I would view it as a good shorting opportunity for the high flyers. Small cap value stocks held up quite well today. May considering dipping my toe a little deeper here if this good relative strength continues.

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