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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (3869)7/23/2002 12:58:48 PM
From: h8_2_b_l8  Read Replies (1) | Respond to of 30712
 
If these dip buyers give up this afternoon we could finally get what we're all looking for over the next 6 trading hours.

VIX is finally getting into the 50's.

NAHL is currently at -567 a very robust number. This is a level where people start freaking out and acting irrational.

Anyone have a realtime on the summation index?



To: Jeff who wrote (3869)7/23/2002 2:10:13 PM
From: Mike M  Read Replies (1) | Respond to of 30712
 
Jeff, looks like a pretty important support level for NEM here. I would be surprised if it didn't hold. Interestingly, Zeev suggested that gold might strengthen at the end of July about a month ago and certainly it would seem, from a timing stand point, to fit.

We were due for a correction, who knew it would be such a humdinger...