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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (57238)10/25/2000 2:28:39 AM
From: Jorj X Mckie  Read Replies (2) of 63513
 
From last Friday
Message 14628358
Jorj is going with the lawnmower thread consensus that we
rally in the morning on Monday and then pull back for a
couple of days. We have come up pretty hard, pretty
fast...we might need a little profit taking...150-200pts
would be good.

VIX is at 26. The BSL for the VIX is at 25. I would expect
it to bounce a little bit there. And again, the VIX works
inverse to the market.


Personally, I think that the drop in the morning will be dramatic....and short lived.
I think that we will bounce once the NT news is digested.
Read especially Roth's closing statements.
Message 14652603

VIX chart..
42 * 42
41 X * 41
40 ---------------------------------X O * ----------------------------------------------------40
39 X O * 39
38 X O * Top38
37 X O * * 37
36 X O X * X X 36
35 -----------------------------X --X O --------X O * ----------------------X O X O ----------35
34 X O X O X O X * X O X O 34
33 X O X O X O X O * X O X O 33
32 X O X O X X O X O X * * X O X O 32
31 X O X O X O X X O O X O X * X O X O 31
30 -----X ----------* ----------X O X O X O X O X ----O X O X O * ----------X O X O ----------30
29 X O X X X * X O X O X O X O X O X O X O * X O O 29
28 X X O X O X O X O * X X O X O * O X O X O X O O * X O 28
27 X O X O X O X O X O * X O X O * * O 5 O X O * X X O 27
26 X O X O * O X O X O X X O X * O O X X O X O 26
25 -X O --* --3 X O X O X O X 4 * ----------------------------6 X O ----X O A ----* ------ Med25
24 X * O X O O X O X * O X O X O X * 24
23 X * O X O X O * O O X X O X * 23
22 * O X O * 7 9 O X O * 22
21 O 8 X O X * 21
20 ---------------------------------------------------------------O X O * --------------------20
19 O * 19
18 18
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