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Strategies & Market Trends : Take the Money and Run

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To: quote 007 who wrote (5027)6/21/2002 9:58:22 PM
From: Jorj X Mckie  Read Replies (1) of 17639
 
I'll let you know when I'm covering....

Here's what I will be looking for:

BPCOMPQ - 25% to 30%
VIX - 45 to 50
VXN - 80 to 85
TICK - (-)1200 to (-)1500
Panic selling on every index.

BTW: if you compare the 50pt DJIA chart, 10pt COMP chart and 5pt SPX, you will see some remarkable similarities. They are truly moving in lockstep.

DJIA
stockcharts.com
COMP
stockcharts.com
SPX
stockcharts.com
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