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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (8908)11/28/2001 4:05:07 PM
From: anon  Read Replies (1) | Respond to of 99280
 
ok Zeev, we closed below 1900 (good call), i guess this means we're going to accelerate down to your December low date (according to your model). But first we get a lower high next week before we drop(?) (assuming this is indeed the scenario we are following.) Have fun in Vegas.



To: Zeev Hed who wrote (8908)11/28/2001 4:08:07 PM
From: Crimson Ghost  Respond to of 99280
 
But the level of VIX and VXN when they turn occurs often gives a good idea of the magnitude of the looming correction.
VIX got pretty low, but not as low as it was at the summer market peak.



To: Zeev Hed who wrote (8908)11/28/2001 4:28:22 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Good S*&T, Zeev, I missed the VIX spike today (gotta do some work during the day).

That's nice to see, since it confirms the cross in the 20-Day EMA and 200-Day EMA on the VIX Chart as a good indicator. It seems to have worked every time this year.

Dow 10,000 is done with. As soon as 9500 breaks on the Dow, your big drop may accelerate.


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