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Strategies & Market Trends : Paint The Table

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To: MulhollandDrive who wrote (6778)12/19/2001 1:01:01 PM
From: Jorj X Mckie  Read Replies (1) of 23786
 
I haven't been able to figure out why MOT can't make money. Doesn't make sense to me. Maybe they should go back to making TVs.

VIX down significantly today. It dropped at the same time that stocks were dropping today. Low of about 23.25 and now 23.75.

Even if it breaks through support at 24, it has massive support at 22.
stockcharts.com

Coupled with the high levels of the bullish percentages and in the case of the NDX, a clear bearish turn, I am keeping my bearish tendencies intact.
stockcharts.com
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