Stock Attack -- A Complete Analysis Message Board

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

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To: Lee Lichterman III who wrote (35889)	11/18/2000 4:24:27 PM
From: eichler	Read Replies (1) of 42787

Re: the FWIW department.... I've been watching the VIX on a point and figure chart for the last few days: xocharts.com I was anticipating the price to come all the way back to the signal line which it did. Now that it's back...I wonder what the odds would be for VIX to climb back upwards (inverse to market) vs. breaking below the signal line (indicating potential market rally). Seeing the action on this type of chart gives the impression we have really come to a crossroads of sort; it looks like it's going to move one way or the other (duh) and the market will move accordingly. Soon. Regards, Eichler P.S. Is the buy signal you show based on oversold indicators? Thanks.

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