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Strategies & Market Trends : Galapagos Islands

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To: AugustWest who wrote (14700)11/30/2002 12:49:31 PM
From: Jorj X Mckie  Read Replies (2) of 57110
 
if the charts are mimicking each other, it would indicate that next week is a big rally.

VIX Weekly
stockcharts.com[r,a]whclynay[d19970701,20021130][pb50][iub14!la12,26,9][J8559920,Y]&listNum=1

SPX weekly (same time period)
stockcharts.com[r,a]whclynay[d19970701,20021130][pb50][iUb14!La12,26,9]&pref=G

BPSPX topped out around 80 and started to decline from there....while the market continued upward.
stockcharts.com[r,a]whclynay[d19970701,20021130][pb50][iUb14!La12,26,9]&pref=G

BPCOMPQ topped out in 1998 at the current levels
stockcharts.com[r,a]whclynay[d19970701,20021130][pb50][iUb14!La12,26,9]&pref=G

COMP 5000 just around the corner...
stockcharts.com[r,a]whclynay[d19970701,20021130][pb50][iUb14!La12,26,9]&pref=G

But the VXN setup is much more similar to the August 2000-August 2001 timeframe than the 1998 timeframe. This suggests another big selloff in our future. Based on the VXN Map, I have us at the first week of July 01.
stockcharts.com[r,a]whclynay[d19970701,20021130][pb50][iub14!la12,26,9][J8560488,Y]&listNum=1
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