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


To: Gersh Avery who wrote (3834)3/22/2001 6:01:26 PM
From: Lee Lichterman III  Respond to of 52237
 
Good Call! I won't know how today looked until I download my data and see my charts. I am worried this is the pop before the drop part. A 40 VIX was high enough to make me cover but not enough to make me go long. For the damage we have had, i think we could see 80 or 100. I read somewhere that it was computed that it actually hit 170 in a prior sell off but it didn't "actually" exist then. The value was computed after the fact. As much as we have dropped, I think that will be the type of bottom we get for THE Bottom.

Good Luck,

Lee



To: Gersh Avery who wrote (3834)3/22/2001 6:01:56 PM
From: Lee Lichterman III  Respond to of 52237
 
Good Call! I won't know how today looked until I download my data and see my charts. I am worried this is the pop before the drop part. A 40 VIX was high enough to make me cover but not enough to make me go long. For the damage we have had, i think we could see 80 or 100. I read somewhere that it was computed that it actually hit 170 in a prior sell off but it didn't "actually" exist then. The value was computed after the fact. As much as we have dropped, I think that will be the type of bottom we get for THE Bottom.

Good Luck,

Lee



To: Gersh Avery who wrote (3834)3/22/2001 11:16:28 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 52237
 
Gersh - are you getting a strong negative bias on GLOBEX. Not sure if I made an error or what but I am showing a plus 5 on futures is program sell for the open.

marketswing.com

Did they sell it off between the regular session close and GLOBEX open?

Good Luck,

Lee