thoughts?
quick glance - interesting that the vxn has hit this area three times already - you know what they say about three touches -
April, 2000 - 93.17 Dec, 2000 - 89.55 Sept. 2001 - 91.79
also - take a look at a monthly chart - sorry that I can't post this chart but imagine a trend line from the bottom - drawn from 96 bottom, 98, 2002 and 2003. We just bounced off the bottom of that trend line -
stockcharts.com[h,a]maclyyay[pb50!b200!b20][vc60][iUc20!Ll14!La12,26,9!Li5,5!Lp14,3,3!Lh10,10!Ld20!Lh45,17]&pref=G |