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


To: Les H who wrote (61066)10/20/2000 10:03:55 AM
From: HairBall  Read Replies (2) | Respond to of 99985
 
Les: Price action in the NAZ Indices reveals a classic bull/bear struggle at the Sept 1st downtrend lines...the intraday patterns allow for a move above.

The pit bosses are not tipping their hand, yet...<g>

Regards,
LG



To: Les H who wrote (61066)10/20/2000 11:33:48 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
VIX has now crossed below OEX volatility. OEX volatility closed yesterday at 26.9 and probably will move up over 27. Similar situation occurred in the rally off the mid-April lows.