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


To: el paradisio who wrote (45766)4/12/2000 4:08:00 PM
From: 10K a day  Read Replies (1) | Respond to of 99985
 
Congratulations!



To: el paradisio who wrote (45766)4/12/2000 4:11:00 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 99985
 
I think the closing value of the VIX is important... close above 30 shows some capitulation. But I also think we are in dangerous territory and sell the rallies...



To: el paradisio who wrote (45766)4/12/2000 5:31:00 PM
From: Wildstar  Read Replies (1) | Respond to of 99985
 
Actually, the VIX stayed above 30 for almost 2 months from Aug 98-Nov 98. And what was a great buying opp. I'm looking for a spike into the 50's for making some buys.