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Strategies & Market Trends : News Links and Chart Links

SPXL 213.39

-5.0%

Nov 13 4:00 PM EST

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To: Les H who wrote (1546)	3/2/2002 12:20:51 AM
From: John Madarasz	Read Replies (3) of 29596

Category: TA from CB forum From: timord (tim ord) To: ALL Date Posted: February 28, 2002 at 13:19:04 Subject: VIX readings. -------------------------------------------------------------------------------- The VIX reading is near a 12 month low and implies the intermediate term trend is down. A bearish candlestick pattern called a "Rickshaw Man" was drawn yesterday. The McClellan Osciallator has not diverged yet on this bounce and it may not. The window dressing by the brokage community may hold the S&P up tell the first part of next week. It's hard to get bullish here with a VIX reading under 23. All the Best, Tim Ord

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