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

To: Jeff who wrote (62533)5/6/2002 9:54:34 PM
From: Zeev Hed  Read Replies (5) | Respond to of 99280
 
Actually, VXN is now reaching values from which we got a two weeks 250 Naz points rally. I don't expect that much here, however.

Zeev



To: Jeff who wrote (62533)5/6/2002 10:31:17 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Jeff, I also noticed the RSI just getting over 50 on the VXN weekly chart too. It just keeps getting nastier.



To: Jeff who wrote (62533)5/7/2002 12:15:04 PM
From: LTK007  Respond to of 99280
 
Jeff wrote <<noticed something interesting on the weekly VXN....
stockcharts.com[h,a]wacl...

key points....still plenty of room for longer term upside which of course is bearish for nasdaq and could easily fit the pattern for a bottom coming early june...>> yes see what you mean, we still have enough rope to have this play out into early June.Max


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