MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

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To: Crimson Ghost who wrote (74934)	4/14/2001 5:11:04 PM
From: Square_Dealings	Read Replies (1) of 99985

I will be betting that the VIX bounces on the 200dma around 28 which is about one more good day's worth. I'll know Im wrong if it breaks and closes below 28 for more than one day. I expect some fear to return as US enters into "talks" with China next week. A real breakdown in China trade prospects will not be good for the market at all. askresearch.com M.

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