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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 690.270.0%Dec 26 4:00 PM EST

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To: Tom Pulley who wrote (83749)4/22/2003 9:13:10 PM
From: Jon Khymn  Read Replies (2) of 99985
 
Tom, why is this thread dead?
Where did everybody move to?
I remember this thread used to be very busy place...

I bought more put today and getting deeper under water -help.

Did you notice VXN falling faster than VIX lately?
VXN is lowest level in past 3 years.

Last VXN peaked during Aug. 2002 at 70 and dropped to 45 the same month. (and of course, that's precisely when the market started to tank again)
This time it is dropping from 50. So if we apply same drop %, it should drop to about 30, we are almost there.

Hope this Thursday will be the Nas and DJ's peak with Vix 21s and Vxn 30s, then everthing should be all set for the boyz to move in.

Will herd this raging bulls to the cliff this Friday/Monday. <g>
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