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

To: el paradisio who wrote (56242)	7/7/2000 5:40:10 PM
From: sam_o	Read Replies (1) \| Respond to of 99985

EL-P I think you're right ....we will probably continue up on monday till noon or one Pm or so ET, then drift down the rest of the week. A lot of companies will be reporting earnings, and we may continue to get some good suprises along with some real shockers. But in general they should be good. It's the next period we need to be concerned about. So I quess we enjoy the news and sell into it. Is that kind of your fundamental projection?

To: el paradisio who wrote (56242)	7/8/2000 5:25:49 AM
From: Jon Tara	Read Replies (1) \| Respond to of 99985

"VIX is oversold" - hmmmm need to think about that one. Is that good or bad? :) How can volatility be over-sold? Do you mean that options sellers have over-sold volatility? Or do you mean that over-bought/over-sold oscillators, applied to the VIX, show "over-sold", which really means "over-bought". Guess I should look at the chart, and solve the mystery. But it's such a fun Alice-in-Wonderland enigma... I think I will leave it unsolved for a bit.