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

To: HairBall who wrote (70004)	2/22/2001 11:16:54 AM
From: Crimson Ghost	Read Replies (2) \| Respond to of 99985

VIX hit 33 this morning. Some real fear (but not panic) developing. VIX reached 35 at last fall's low.

To: HairBall who wrote (70004)	2/22/2001 11:41:32 AM
From: Kemo Sabe	Read Replies (3) \| Respond to of 99985

LG: Here's my read. Best I can tell, the COMPX will go on up to ~2360, back off to ~2290 to complete the IHS; and then we'll be off to the races for a really nice reaction rally. I really doubt there will be another chance here to get in <2000 NDX. Those who chose not to participate can join us from a little higher level. There's still plenty of profit left in this rally. Kemo Sabe