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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: mph who wrote (59867)11/13/2000 10:25:33 PM
From: Doppler  Read Replies (1) | Respond to of 63513
 
So we get a lower low on the Naz but a higher VIX. That just doesn't signal capitulation to me. I view that as a significant divergence. People are significantly more complacent now than during the spring.

As I have pointed out all along the LONG TERM Naz trendline is around 2500. That also happens to be the next support on a PnF chart now that we have taken out the spread bottom. IMO it all points to 2500.

doesn'tmeanwewon'trallyweaklyfirst.com


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