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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (3248)2/9/2001 2:14:25 PM
From: Jorj X Mckie  Respond to of 15481
 
tax bills....doh!!!

Forgot about those



To: Stoctrash who wrote (3248)2/9/2001 3:18:39 PM
From: John Pitera  Read Replies (2) | Respond to of 15481
 
this is Jay shartiss's opinion of what needs to be seen:
2/09/01 1:03 PM ET
The market needs extremes of bearish sentiment to find a bottom. The CBOE equity put/call ratio is now at .60. I want to see it north of .80. The Nasdaq "Trin" is 2.47 -- that's high but I think we need 3.50 or more. VIX is only 24.74. This needs 32 or 33 and the new VXN (Nasdaq VIX) is 64.5 and needs to go over 70.