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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: freelyhovering who wrote (21057)9/7/1998 12:43:00 PM
From: Doug R  Read Replies (3) of 79429
 
Myron,

In re the VIX and the DJIA...I get no technical indication that tomorrow will be an up day for the DJIA other than the fact that everything is so low. It's not a good idea to say, "Well it's so low that it has to go up", so I won't. The 89, 3, 5 stochs. look particularly threatening considering the general weakness overall.
Tomorrow could be huge to the downside.

Doug R
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