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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dli who wrote (28002)	8/21/2000 8:57:13 AM
From: donald sew	Read Replies (2) \| Respond to of 42787

Took a closer look at the VIX which, as many have already mentioned , has set a LOWER LOW/52 week low. Also noticed that there is a POSITIVE DIVERGENCE in the MACD for the VIX and since the VIX moves inversely to the market that would be bearish. On the MACD HIST there were troughs in JUNE and a slightly higher one in JULY. Currently there is another trough developing which is higher than the those in JUNE/JULY. During the same time frame the VIX has been trending down with LOWER LOWS but the MACD HIST setting HIGHER LOWS. As mentioned previously there is also a BIG OLE BULLISH WEDGE(inverse and negative for market) on the VIX. Looks like something is setting up in the VIX in the near future. When will it happen - feel the best chance of the WEDGE and MACD DIVERGENCE to get resolve is in Sept and could start the process as early as late AUG/early SEPT.