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Strategies & Market Trends : Mu Gamma Lambda -- Ignore unavailable to you. Want to Upgrade?


To: Venkie who wrote (1937)7/11/2001 11:01:45 AM
From: Jorj X Mckie  Read Replies (3) | Respond to of 10077
 
the tickq got down around -1000 this morning and the trinq is hovering around .90. The VIX is 27 and change.

With the tickq hitting -1000, I would still expect more weakness today and the trinq isn't low enough to really show serious big block buying. I am still waiting for the VIX to hit 29 to mark a bottom.

Another thing that I will be looking for to mark the bottom would be -1200 on the tickq.