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

To: donald sew who wrote (42072)2/6/2001 11:34:45 AM
From: Paul Shread  Read Replies (3) | Respond to of 42787
 
I agree the VIX looks pretty oversold, but it also looks like it could be forming a downside consolidation, a rectangle or something; could have a few more points of downside.



To: donald sew who wrote (42072)2/6/2001 11:46:14 AM
From: horsegirl48  Read Replies (1) | Respond to of 42787
 
donald r u saying you might be changing your feelings about a rally in the Naz that has some legs on it?
HG48



To: donald sew who wrote (42072)2/6/2001 11:51:49 AM
From: John Carson  Read Replies (3) | Respond to of 42787
 
Don, What about VXN which is tied more to NAZ 100, it is 61.75, down 2% today. Not much history on that new index so hard to tell where it is going from here. My guess is that VXN is less oversold than VIX meaning NAZ 100 has more room to go up than DOW or SP500. CSCO should clarify things tonight.


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