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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (34145)9/10/2001 8:05:30 AM
From: j g cordes  Respond to of 69358
 
Gee Harry, guess you wanted to get your VIX point across (g)

So, in summary... VIX 34's = -3% Naz (loss) avg next day

Therefore today targets a low QQQ of 29.50

I have to ask, is this a buy 30's long opportunity? What happens the two days after a VIX 34 3% drop?

April 2nd and 5th, days noted as VIX 34 had next day drops.. but they also mark the bottom of the last cycle down!
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