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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (4059)8/3/2000 10:42:13 AM
From: sa-mule  Respond to of 19219
 
J.T.,
Thanks for rydex information. You are right, TOO much complacency! Motorarola, Klic, The Gap and the market is trying to #$@%# rally, what is wrong with this picture? Historically, the Vix needs to get to 30 to put in a good bottom, it is not even over 24 last time I checked. I say down, down hard maybe tomorrow, today or next week but we need a washout before we can move up.
THanks for all the great work,
EDIT: the vix has barely budged at 23.09 today, somebody is buying calls!!
sam