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To: Justa Werkenstiff who wrote (6626)7/7/1999 10:14:00 AM
From: Wally Mastroly  Respond to of 15132
 
Some TA market commentary - from the MDA thread - "lack of fear in the market":

Message 10404909

"..We noted that the CBOE market volatility index, the VIX, made a low for 1999 last week.

Low VIX indicates a lack of fear in the market, with most participants acting in a complacent manner..."

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As Marc Ultra has said...:

"Will Investors Intelligence calculated bullish sentiment finally get its legs out of the upper 60's concrete and start barreling over the 70% mark?"