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Strategies & Market Trends : News Links and Chart Links

SPXL 213.12

-0.1%

Nov 14 4:00 PM EST

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To: Les H who wrote (1433)	2/6/2002 11:54:15 AM
From: John Madarasz	Read Replies (1) of 29596

Les, i see you're showing Feb 8 as a red red yellow...is this a sell signal, or do these signals mark I/T lows? from CB... According the VIX and VIXN, an intermediate term decline has begun at the early January highs on the S&P and Nasdaq. Both the VIX and VIXN where at very low levels for over a month. They should not go to extreme high level at the next low. The VIX may approach 40 or higher and the VIXN may approach 70 or higher at the next bottom. The VIXN is still at a low level according to history closing at 46.74 yesterday. Not a good sign for intermediate term. All the Best, Tim Ord

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