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


To: Softechie who wrote (27301)2/5/2002 5:14:41 PM
From: Mike M  Respond to of 99280
 
No apparent evidence of that. They do have a perception problem, however, and that could spell problems....I think they are more like a CNC than an ENE...i.e. paid too much for acquisitions and beginning to regret the after taste.



To: Softechie who wrote (27301)2/5/2002 5:22:02 PM
From: sylvester80  Respond to of 99280
 
Next stop NAZ 1100? VIX 21 day moving average is beginning to turn up signaling possible lots more downside ahead.

biz.yahoo.com

Tuesday February 5, 3:51 pm Eastern Time
Options gauge shows possible stock decline signs
By Doris Frankel

CHICAGO, Feb 5 (Reuters) - An options market barometer of investor fear could be signaling more trouble ahead for the stock market amid rising investor anxiety over corporate accounting abuses following the Enron Corp. (NYSE:ENE - news) meltdown.

The Market Volatility Index (^VIX - news), an options sentiment index that basically measures how worried investors are, has recently broken out of a slumber, and some traders think that portends another fall in the stock market.

``Our indicator which tracks the 21-day (21 trading-day) average of the VIX shows fear levels are just now starting to turn up after being depressed in recent weeks,'' said Price Headley, chief analyst at BigTrends.com, an opti Du Du Headley, chief analyst at BigTrends.com, an opti Du Du