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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (4777)10/6/2000 11:59:11 AM
From: marginmike  Read Replies (3) of 19219
 
I keep looking for capitulation and all I see is bleading. I am sitting with a motherlode of cash, tried to buy ADAP and a few others at a Dbottom and stoped myself out. Really ugly and we havent even gotten to the really harry 300pt day yet. I also think we need a 2.5 billion or more day to signify blowoff. I really believe that it will occur today or Teusday. If we do not hold 3380 today then I think people will start throwing in the towel by Teusday.

The VIX needs to revist 30-40
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