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

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To: bobby beara who wrote (45577)4/2/2002 7:40:01 AM
From: ajtj99  Read Replies (1) of 99280
 
Bobby, Vess has only been doing T/A for less than 2-years now, but he's been quite remarkable in his insight. I do think he is hung up a bit on the VIX and VXN and is basing too much of his alarmist views on those raw numbers alone.

However, the summation index and $BP indices are getting pretty close to issuing sell signals, especially the $BPSPX and $BPCOMPQ. The $BPNDX already has a sell signal, but it gets whipsawed sometimes and needs to be confirmed by the $BPCOMPQ.

Let's see if we fill the gap just below NDX 1500 and then the gap at NDX 1530.
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