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

To: ajtj99 who wrote (16463)	11/21/2002 10:22:41 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 30712

AJ: All last spring the VXN and VIX would drop in lockstep with the Nasdaq. It was comical.

To: ajtj99 who wrote (16463)	11/21/2002 10:34:47 PM
From: h8_2_b_l8	Read Replies (2) \| Respond to of 30712

I'm liking your 1484 level as a max after looking at more charts tonight. 1484 is not only the 200EMA it is also the .382 retrace of the January highs. If you don't go cross eyed looking at this chart there are also a lot of good trend lines off the July and Oct lows that line up well with the recent price action. stockcharts.com[r,a]dhcayiay[d20011201,20021121][pb200!c200!d20,2!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J8216047,Y]&pref=G I think when we finally break down it will be obvious as most technicals still have their trend lines intact from the Oct lows. Looking at the technicals you can see how important it was to have an up day today. Anything less would have broken the technical lines and put in a double/triple/quadruple top.