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Strategies & Market Trends : Longer-Term Market Trends

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To: AllansAlias who wrote (1885)10/8/2008 1:28:28 PM
From: John Madarasz   of 3209
 
indu very close to the .382 from a couple important spots...'87 crash low one of them...late 70's early 1980's consolidation zone another

spx does .617 off ath's

some other option volatility buy ratios's I follow signal this time frame

vix , vxo and other sent proprietary indicators I see at historic elevated fear levels

and don't forget... buy yom kippur <gg>

i could be all wet...won't be the 1st time, but this is what we train for imo, so inaction at spots like this is a bigger failure for me as a trader than a possible small loss trade if I am wrong.

Best
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