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Strategies & Market Trends : Don't Drink the Kool-Aid Kids -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (172)3/22/2001 11:12:38 AM
From: John Pitera  Read Replies (1) | Respond to of 1063
 
Hi there lovely Poet.....

end of month windowdressing??? heck that means having bigger cash positions, bonds and less of these
bow-wow stocks -ng- doesn't it????

It's great that we are seeing this DJIA sell off, it's getting the fear out to the masses, getting the VIX over
40 today.

and the tick registered a greater than -1400 reading this morning at 10:45 eastern!

that's the most oversold reading the past 6 months believe it or not. we could get the tick down to a -1800 and
the VIX up to 50 with 2 days of concentrated selling and that's what the doctor has ordered.

starve a cold .........