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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (34320)2/27/2002 3:03:42 PM
From: Franco Battista  Read Replies (3) of 99280
 
This decline has been very orderly, no panic at all. VIX remains low. Perhaps a test of the September lows will occur on this down leg. I would expect at least some sign of panic selling to materialize before we have a sustainable rally. Today's big reversal is hardly creating any discouragement. I'm amazed at what I'm seeing here.
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