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To: bela_ghoulashi who wrote (6172)3/6/2000 2:56:00 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
the S&P stock index is reversing out of its funkyass downtrend downchannel
these were my words

connect the critical upper points of the S&P downchannel and you will see that friday's price action MIGHT be the first signal of a move above that upper boundary

we will see
Rachimov eloquently and longwindedly is missing it

my biggest concern now is the tiny option put premium, as seen in the VIX option volatility index
/ Jim