Stock Attack II - A Complete Analysis Message Board

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

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To: donald sew who wrote (17676)	9/4/2001 7:52:27 PM
From: Jerry Olson	Read Replies (1) of 52237

Don...just a quick thought here.. the VIX index has broken out here on a print of 29, a triple top breakout... now here's the near term dilema..."IF" this index reverses down without printing 30, and moves and prints 26 first, we'll have a triple top failure pattern..and thats very bullish.. if it hits 30 then that "potential" pattern is null and void.. i actually thought it was going to happen today, as i took all my own buy triggers and got them shoved down my throat big time... my stops were going off faster than i could sell<VBG>... today was rumor driven, showing how skittish the traders are..and while we'll certainly hit the April lows and maybe lower than that shortly... i am watching for the upside surprise here..off another piece of Good News, since all we've been getting is bad... this market is NOT for the feint of heart..others should simply not trade...or prepare for death and destruction...

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