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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: J.B.C. who wrote (15905)2/24/2002 2:59:44 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 23786
 
The vix is telling a very scary story. Lots of damage done in the market and everyone still thinks that everything is A-OK. They are definitely doing the slow boil of the frog right now. That is also why it is so dangerous to play the long side. One of these days the frog is going to notice that the water is getting really uncomfortable and is going to start trying to jump out of the pot.



To: J.B.C. who wrote (15905)2/24/2002 3:51:54 PM
From: Jorj X Mckie  Respond to of 23786
 
Referring back to a chart I posted last week....one thing that worries me though is this rounding top on the weekly COMP. I would expect that the low on the right side of the semi circle to be lower than the starting point on the left. That would be the September lows. What I am saying is that I think that the September lows will *not* hold.
stockcharts.com[h,a]waclyyay[pb50!b200][vc60][iub14!la12,26,9][J3056325,Y]&pref=G


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