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To: AllansAlias who wrote (38083)5/6/2002 3:55:02 PM
From: Paul Shread  Respond to of 209892
 
The VIX is gonna have to bust a gut just to make it back to the 200 DMA, and with a lower low in the SPX/OEX too:

stockcharts.com[l,a]daclyyay[pb50!b200!b20][vc60][iLl14!La12,26,9]&pref=G



To: AllansAlias who wrote (38083)5/6/2002 4:02:16 PM
From: marginmike  Respond to of 209892
 
I hate hockey, sorry......I think it happens before OCt or it aint happening.



To: AllansAlias who wrote (38083)5/6/2002 5:05:29 PM
From: JRI  Read Replies (2) | Respond to of 209892
 
If the hype on the boards is any indicator, we are closer to a bounce (ok, maybe small, but a bounce) then some here think...

Bear conceit getting pretty high in some places....bulls don't even try to defend..

This is my unscientific survey. I take no liability for its use (or misuse)



To: AllansAlias who wrote (38083)5/6/2002 11:32:04 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
As a follow-up to my previous post, I can tell you the threads are about as bearish as I've seen in a long time..some posters noting similarities to post 9/11 drop...everyone talking last Sept. lows, etc....

I think a hard down morn (breaking S&P support cleanly) will bring some fear, and the "necessities" for a one-day, two-day bounce, followed by something grander next week (after further weakness end of this week)

Of course, this is wiggles, and in the grander scheme, as you so eloquently reminded me, it don't mean shit-g We ARE going below the lows...and likely much, much lower..

But tomorrow, wanna make some meal money...I'll wait for a good fear tick before I become the javelin catcher..