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To: Paul Shread who wrote (55984)10/10/2002 10:10:28 AM
From: Shack  Read Replies (3) | Respond to of 209892
 
VIX finally cracked 50. QQV is way below the July highs though, that's not good for bulls in the long run.



To: Paul Shread who wrote (55984)10/10/2002 10:36:47 AM
From: ajtj99  Read Replies (1) | Respond to of 209892
 
Yes, but no -1000 Nasdaq ticks. We need those for a bottom in that index. Furthermore, we go down as one big, happy family, not one index at a time.

BTK needs to take out it's July lows yet(still 12% above), so I don't believe you can begin to call this drop close to being done until we get below 275 BTK.