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Strategies & Market Trends : Intraday Updates, Analysis & Strategies for Daytraders -- Ignore unavailable to you. Want to Upgrade?


To: Lane Hall-Witt who wrote (410)3/16/2001 11:03:27 AM
From: Dave Gore  Read Replies (4) | Respond to of 589
 
VIX ALERT - 35.30. The last 4 or 5 times it has reached that area, we have gotten a rally. The Market likely won't get much cheaper here in the short term. A relief rally is coming soon. But no point predicting. You just have to watch if you are gonna trade. The readings will provide an alert.

Boy, I love GLW long term here. Some people are averaging into stocks here who don't want to trade.

BTW - Just how treacherous is this Market? Look at RMBS (20) and its chart the last week!