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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gush who wrote (7817)4/15/2005 4:10:46 PM
From: Walkingshadow   of 8752
 
Volume on QQQQ today almost 168 million shares, a big volume day. Same story on the other indexes, with triple-digit losses on the Dow again. All indexes are at the low of the year, below their 200 sma.

But check out the volatilities:

stockcharts.com[w,a]daclyyay[dd][p][vc60]&pref=G

stockcharts.com[w,a]daclyyay[dd][p][vc60]&pref=G

and the put/call:

stockcharts.com[w,a]daclyyay[dd][pb20][vc60]&pref=G

That is panic if I ever saw it....doom and gloom, apocalypse now.

THAT'S what you want to see at a market bottom!!

T
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