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

To: Jon Tara who wrote (33693)11/18/1999 6:07:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Jon,

You are correct about lower VIX level. I believe that in this environment the lowest that the VIX can get is in the high teens. Thats not to say that it shouldnt reverse on a short-term basis right now.

There should be some selling tomorrow, if my CLASS SELL signals on the SPX will get negated and the SPX could rocket up. It needs to close above 1430 to negate my signal.

seeya



To: Jon Tara who wrote (33693)11/19/1999 10:29:00 AM
From: Investor2  Read Replies (1) | Respond to of 99985
 
RE: "I'm now think of closing my QQQ short, and just sitting-out the next few weeks. The market is too crazy for me to trade. Guess I will just "buy the dip" with the rest of the sheep LOL and hope it's a dip!"

siliconinvestor.com

I find your comparison of those who have been buying the dip to sheep interesting. Are you implying that the buy-the-dippers are stupid or non-thinking?

Best wishes,

I2


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