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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (1511)5/4/2000 12:06:00 PM
From: Jack of All Trades  Respond to of 33421
 
I have a gut feeling we go higher today... Charts are neutral from what I see... My calls have a stop just below the low about 1/2 pt away, so I may be stopped out...

VIX to me is not supporting the bulls here...

We do some video conferencing but I write software and this installation is to a machine that I have never hooked up to, so I must go. Should take two days, but I will train the other 2 1/2 days.

Also, it is tougher VC with people from other languages not to mention having 13 hours difference. Our world headqtrs is in Japan, where all the software is written except for mine portion.



To: Chip McVickar who wrote (1511)5/4/2000 1:01:00 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 33421
 
Chip, we are coming to the crossover pt on the 55/34/21 and the 15min has shot upward I think we can go to 1440 today on volume...

I still like the VIX to go down to 32 before I think it's for real and get back to levels of last week...