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

To: Doo who wrote (43976)	3/24/2000 11:25:00 AM
From: el paradisio	Respond to of 99985

Is it Top on NAZ and Dow?.I am using my own system,but I found that VIX range 22-25 is in a bull market,Vix 25 and up is a signal of a bear market.Anyone has any opinion? I would appreciate,thanks Paradisio

To: Doo who wrote (43976)	3/24/2000 11:25:00 AM
From: Michael Watkins	Read Replies (1) \| Respond to of 99985

I don't follow IIA. I do use VIX for timing... with a strong move up, VIX should not be moving up strongly. The day is young, but we shall see.TICK has far from confirmed this big push today. It may yet, but it hasn't so far. So, I take profits where I can and will sleep soundly over the weekend :)

To: Doo who wrote (43976)	3/24/2000 11:26:00 AM
From: StockJock-e	Read Replies (1) \| Respond to of 99985

Interesting $VIX action, it is rare to see VIX spike like that on a market rally... (/me throws his TA charts out the window...) Oh geez... Whats up with CSCO? its crashing to the upside!

To: Doo who wrote (43976)	3/24/2000 12:16:00 PM
From: pater tenebrarum	Read Replies (4) \| Respond to of 99985

Jeffrey, not the latest AAII numbers, they don't. 66% bulls, 20% bears. that's the second highest reading of bulls in the history of the poll. the highest occurred at the beginning of January this year (75% bulls). the Rydex ratio, as mentioned yesterday, remains at 0,08, the lowest reading in it's history. since this ratio measures POSITIONING instead of talk like the polls do, we can be reasonably certain that the public is unreservedly bullish. NYSE members have btw. become BIG sellers again. the latest reporting period (unfortunately there's a two week delay, so we don't know what they have done in the meantime) shows them selling more in one week than in any other one-week period before. admittedly all this is pretty useless info right NOW in view of the massive fund inflows. be aware however, that these inflows are meeting with insider selling on an unprecedented scale, as well as a very busy IPO and secondary offerings calendar. my guess is that once the end-of-quarter mark-up period is over, we'll get a pretty hefty correction. regards, hb