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


To: jjstingray who wrote (26806)1/29/2003 12:50:36 PM
From: Jeffrey S. Lillie  Read Replies (2) | Respond to of 30712
 
857 hit. that is first target. next R is 862. if taken out we get my 868-870 close. if so trs should be a strong rally day.

vix and vxn along with donner and blitzen(just kidding) are following the bullish pattern that i was looking for to start on monday. i was one day early on my long entry into spx 2x mutual fund. that pattern gives close at lows first day, positve day second day then down to lows aggin on third. the rally doesnlt usually start on the second down (today) so that is even more bullish imo. vix vxn should pullback to at least mid bb possibly as low as lower depending on strength of this rally.

did you see how the 50ma restrains the vxn? here is a chart.

stockcharts.com[h,a]daclyyay[pc13!d20,2!b50!b169!b200!f][vc60][iub5!lp14,3,3][J9560214,Y]&pref=G

946 should not get hit under this scenario for about 2 weeks.



To: jjstingray who wrote (26806)1/29/2003 1:46:29 PM
From: augieboo  Read Replies (2) | Respond to of 30712
 
jj, what do you think of this wave count on the COMP?

investorshub.com