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To: JRI who wrote (10960)8/24/2001 10:35:21 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Hardly a downtick here. This style of action we have not seen in many days, perhaps weeks. Still in the weeds. Perhaps we have missed a nice long train. Damn good thing they leave so often.



To: JRI who wrote (10960)8/24/2001 10:37:24 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
XMI now only 2 points away from 1055. That thing will go into meltup mode if it pushes over that line.



To: JRI who wrote (10960)8/24/2001 10:43:08 AM
From: marginmike  Read Replies (1) | Respond to of 209892
 
VIX down 1.70 on a 120 pt dow move is not BULLISH IMHO. I havnt looked at P/C but cant be to good. I think sox at 600 is another gift to shorts. This feels like Scovering on dow, with its movements coming in huge spurts. Banks also not participating, bonds baking up.


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