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

To: James F. Hopkins who wrote (9704)	6/20/2001 10:52:43 PM
From: TechTrader42	Respond to of 52237

The Naz VIX (VIXQ) looks worse than the VIX. Both look bad in the weekly charts, but the Naz one is nearing shorting territory in the daily chart now, too. It's not quite there yet (has about a day to go). The VIX is more reliable, though. It's at the middle of its range, heading down, with about three days to go before reaching a low point. I don't think the market looks oversold at all. Still overbought, more like. (Look at stuff such as QLGC.) Anyway, shows what I know. I's just a l'il ole twig in the market's big ole river. I don't mind goin' whichever way it's goin'. Right now, I think it's drifting down. When the tidal waters come rushing back up, we'll know. These rallies aren't tidal waters. They're analysts spittin' upstream. S'ow I see it.