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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Jeff who wrote (57145)4/26/2002 1:31:20 PM
From: ajtj99  Read Replies (1) of 99280
 
Jeff, I think we're going to get a bounce at COMP 1650. The put/call is still disturbing at 0.75 around noon, which means there is still crazy call buying. The VIX has spiked, but the VXN has not spiked as much. I believe the VIX is good enough an indicator right now. We'll see if we bounce Monday or if we cut through COMP 1650 and go to the mini gap at around 1626-1628.
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