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To: Bill Harmond who wrote (14174)10/3/2002 11:36:56 AM
From: 16yearcycle  Respond to of 57684
 
Funny you mention it...on one of the bear threads they were mentioning the set up is similar to early July, so I started comparing as many indices as I could think of..I think they are right. The conclusion is that we bounce back and forth between as low as 1130 and as high as 1222, but then break through the lower level by 60-100 points or so, probably during expiry week, then go lower the week after. That should do it. But we'll see.

stockcharts.com[h,a]daclyiay[pb9!b13!f][vc60][iUb14!La8,17,9]&pref=G

The vix needs to go over 50, have the rsi at +70, and the macd at 2.5ish. I'd sure call "the" bottom should we have that happen again within the next month.



To: Bill Harmond who wrote (14174)10/3/2002 11:58:43 AM
From: Wizard  Read Replies (1) | Respond to of 57684
 
veritas.com