Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (8526)	9/18/2001 9:18:00 AM
From: James F. Hopkins	Respond to of 19219

Well if oil prices can come down, and stay down for a long time the market would have a chance. The cap gains tax cut scares me as I know what's behind it, Yet I bet they push it through, I warned about the last one but no-one listened. No doubt we are oversold at this point, but I want more than just a tradable rally & that's going to take a VIX that not only hits the last highs but stays higher longer, A vix that spikes then just falls back don't get enough bears trapped to make for a real turn around. Right now the bulls are traped and the bears aren't letting them out. If the longer term outlook don't improve then short term rallies will be sold into. Jim