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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Vitas who wrote (37877)	7/12/2002 9:40:21 AM
From: StockOperator	Read Replies (2) \| Respond to of 52237

vitas, Hayes has been wrong before and he's most likely wrong re the vix right here. How can he make a call based off some arbitrary number. The vix has clearly shown a propensity to spike higher. If we don't get too much of a give back today, we will definitely have a breakout through consolidation, besides, in the context of time frame, we would need a huge push down to give us a more significant reversal. Right now the VIX is on a definite uptrend. JMO

To: Vitas who wrote (37877)	7/12/2002 9:43:46 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

Hays is a sharp fellow. Even sharp fellows are wrong sometimes though. <g> You have a link to that?

To: Vitas who wrote (37877)	7/12/2002 2:49:04 PM
From: bearshark	Read Replies (1) \| Respond to of 52237

Vitas: These markets are showing the effects of program trades without individual traders soaking up the action and acting as a buffer in the market. As a result, they can turn on a dime in either direction. Take a look at the effect of the programs on the INDU this morning. finance.yahoo.com^DJI&d=c&k=c1&a=v&p=s&t=1d&l=on&z=l&q=l I would not be surprised to see this resolved with a 10 percent or more move in the INDU on an intraday basis. This is similar to the same tape I read in the mid 80s.