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


To: J.T. who wrote (10346)2/13/2002 2:46:54 PM
From: Steve Lee  Read Replies (2) | Respond to of 19219
 
Equity index PCs are not that high. I am not aware of them having been that high today.

No fiery darts here, just trying to have a conversation.

Joe, the post you referred is not in the timeframe I referred to. That good call from JT was made with VIX and VXN higher than they are today. I queried the melt up prediction, and JT replied to define his expected upside as a few percent. I do not count that as a "melt up".