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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (28565)	1/28/2002 7:38:34 PM
From: TechTrader42	Read Replies (1) \| Respond to of 52237

The VIX is where it was in August of last year. Take a look at a chart going back that far. The pattern at that time was very similar to what it is now. On Aug. 24 and 27, there was a slightly lower low, pushing the lower Donchian channel down a little. The VIX is at the same point now. One possibility is a retest of the low from July of last year. Another possibility is a breakout to the upside for the VIX, after AG has had his say. Also, note where stochastics %K is for the VIX. I'm using a 12-day stochastic. It's at 1.9, after touching 0 Friday. It's due for a move up. Will that move occur soon? I have no idea.