Zeev's Turnips - No Politics Message Board

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

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To: Justa Werkenstiff who wrote (45005)	3/28/2002 5:40:21 PM
From: Zeev Hed	Read Replies (2) of 99280

Justa, just like VIX, the absolute number is not of great predictive value, it is the existence or lack thereof of divergences between these number of new highs and the the market' indices. Right now, for the last few days, we have no negative divergence, and that typically means that this strange rally (with no "good bottom") could continue longer. Zeev

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