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

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To: Justa Werkenstiff who wrote (20011)9/26/2001 8:00:23 AM
From: Paul Shread  Read Replies (1) of 52237
 
>>We are close to the VIX levels at the April highs<<

Old tops make good bottoms, and the VIX has been in a strong uptrend since late August. What if the VIX still has another leg or two up?

stockcharts.com[l,a]daclyymy[d20010301,20010925][pb50!b200!b20][vc60][iLl14!La12,26,9]

A simple retest of that 57 area would do more to cement a bottom than a single spike, IMHO.
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