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To: AllansAlias who wrote (40818)5/31/2002 9:52:26 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
The NDX tried the heroic this morning. The gap took it clean out of the down channel it's been in since the May 15th high. It is now back inside. The question of course is, do we have yet another breakout failure? (bearish those)

I see something this morning I have not seen in quite a while: the VIXen are up in an up market.



To: AllansAlias who wrote (40818)5/31/2002 9:55:29 AM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
Very interesting. How long did it take you to figure that out? -g-

I still like the middle of next week, the 55-day turn and now I understand that Carpino has a high there too. Just in time for INTC to lay a turd on Thursday.



To: AllansAlias who wrote (40818)5/31/2002 10:49:18 AM
From: ajtj99  Read Replies (2) | Respond to of 209892
 
AA, that turn on the Dow seems to line up pretty well with what we could be seeing over the next year or so, and it especially works well with the 9-month Dow cycle from the Sept. lows.