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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Benkea who wrote (26864)9/23/1999 4:48:00 PM
From: P.Prazeres  Respond to of 99985
 
I would agree only if VIX turned around and quickly.

We are in very dangerous territories....

I'll expand more on this tonight.

Message 11303774
Paulo
stockmotions.com



To: Benkea who wrote (26864)9/23/1999 5:01:00 PM
From: Les H  Respond to of 99985
 
decisionpoint.com

It would need to move back inside the trading bands. One could draw similar ones on the averages. I believe today is the third day in a row the Dow has closed outside the lower 90% trading band which indicates strong momentum to the downside.