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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Robert Graham who wrote (28810)	9/1/2000 8:49:26 AM
From: donald sew	Read Replies (1) of 42787

Robert, >>>>> What have you noticed in the day-to-day movement of the VIX compared with the market? In other words, if this wedge was broken to the upside, what market behavior would you expect? <<<<< If the VIX was to move to the upside strongly and significantly break the wedge to the upside, I would say that the overall market was prone for a correction in light of the duration and size of the recent rally. Im not saying small break either that would move the VIX quickly to the mid-20's and onward to 30+. If there is only a small break and the VIX remained flat and stayed in the low 20's, then I would interpret that as validation of the up move.

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