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To: JRI who wrote (38688)5/10/2002 4:28:12 AM
From: JRI  Read Replies (2) | Respond to of 209892
 
Certainly, this speaks for a market rebound here..

espn.go.com



To: JRI who wrote (38688)5/10/2002 5:48:07 AM
From: JRI  Read Replies (2) | Respond to of 209892
 
Given current sentiment....I'm thinking maybe we need to test 1750 (downtrend line off highs) by mid-next week (in other words, a break of 1696 to get bulls lathered, bears scared) before more down...

saavycharts.com

Given the sentiment readings from yesterday (divergences), if we fail at 1696 again, I think sentiment will turn to quickly bearish. Although I suppose one could argue that VIX is nowhere near capitulation type levels