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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (8184)	7/27/2001 12:27:43 AM
From: marginmike	Read Replies (1) of 209892

shack, dont fight the tape. Qcom will rally here and so will the market. VIX needs to get to 22 or lower. Which could take 1-2 more days like today. I think 64.89 is crucial if Q breaks obove it we rally to 70's. I believe the market will be much lower by year end so its only a trading rally. Rydex is still saying buy. I own BKX. I WILL short the Sox @ 640 or higher if it gets there.

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