Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Bucky Katt who wrote (6889)	10/22/2000 3:11:53 PM
From: James Strauss	Read Replies (1) of 13094

William: The SPX puts are a good insurance policy... The Volatility Index has slipped below 30 again... There is usually an inverse relationship between the direction of the VIX and the markets... Right now the VIX is declining while the markets are rising... chart.bigcharts.com We'll have to see whether the Mid East doings will impact the market... Unless there is all out war, I don't think so... The Arab League had their chance to break from Israel but didn't... Instead they left the door open by saying that any of its members can break with Israel if they choose to... The silence was deafening... Why? because no one wants war... War means bombs and tanks and planes smashing buildings in cities... War costs money... It could also mean the expansion of Israel's boundaries... So, we'll continue to see rocks and rubber bullets whistling through the Mid East air until cooler heads on both sides prevail... ATML, INTC, ADI, LSI, and UIS look good... Jim

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