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To: gfs_1999 who wrote (259)7/2/2001 12:43:22 AM
From: Les H  Read Replies (2) | Respond to of 1328
 
another cup-and-handle

geocities.com

meant to say "50-day and 200-day MAs"

VXN is well below its 28-day EMA at -20%. 10% variance is usually enough for a yellow flag. Could linger there for a short while before rising back toward low-to-mid 50s with a corresponding NDX/QQQ fall.

geocities.com