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


To: nspolar who wrote (43423)3/23/2002 5:26:08 PM
From: LTK007  Respond to of 99280
 
<<Additionally, the VIX bollinger band is starting to tighten up, noticeably>> the BB band tightening is an excellent way of seeing how we are arriving to a breakdown or breakout. It's a bit like a major tug of war where you don't know which way it will go, and then it is suddenly over.
the strongest argument is that it will be a strong up move is that it is April that is around the corner.
As the Stock Traders Almanac states the first 2 weeks of April are the best of times and be rarely dangerous EXCEPT in a bear market.
Seems like everybody has written off the bear market as having any teeth at this moment so for that reason i am going to stick with the indicators and remain cautious and say we are still betwixt and between a decision point.
A given however is on a fundamental basis the market has NO basis to make a bull move and as such if it does do so, Zeev's June Massacre scenario i will see as a 100% guarantee.
And yes there are other ways to approach the VIX and VXN, and the 10/20mdas is one.Max



To: nspolar who wrote (43423)3/23/2002 5:58:22 PM
From: LTK007  Read Replies (2) | Respond to of 99280
 
going to give a try to see if these links work.
They are date specific links for $VIX, first is for 7/23/2000 thru 9/23/2000 i say giving a try as these are not charts i am storing stockcharts.com[w,a]daclyyay[d20000723,20000923][pb10!b20!d20,2][vc60][iUb14!La12,26,9]&pref=G the 2nd chart is for 1/23/2002 thru 3/23/2002 stockcharts.com[w,a]daclyyay[d20020123,20020323][pb10!b20!d20,2][vc60][iUb14!La12,26,9]&pref=G if these charts work you can see how close we are to decision time.max