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Strategies & Market Trends : Three Amigos Stock Thread

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To: James Strauss who wrote (4007)	4/28/1998 10:52:00 PM
From: Galirayo	Read Replies (1) of 29382

Jim, Do you follow the VIX index? The down move in the Dow30 has been followed by high Volatility on the VIX. The DJ30 is looking to find support on the 50dma near $8785.86. The Low today was higher than the Low yesterday. An up move in the Dow will reduce this volatility. Same with SP500 on support on the 50dma today with higher lows. I'll be Neutral against the Point and Figure Folks though. Just wanted to add dimension to our obvious concern. Ray

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