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To: AllansAlias who wrote (70349)4/3/2003 9:30:13 PM
From: John Madarasz  Read Replies (1) | Respond to of 209892
 
No, I am not scaling in, yet.

Vix and vxn are flashing some interesting divergences, but I would like to see some other extremes confirm....and a little more downside on the VIX.



To: AllansAlias who wrote (70349)4/3/2003 10:11:13 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 209892
 
Drawing from the August 00 top shows a cleaner channel that has one breakout in March 02. Using the points on the chart that you use, I have this rally having already breaking above the channel (both log and linear).

OEX
stockcharts.com[f,a]wbclynay[d19980403,20030403][p][iub14!lp14,3,3][J11436079,Y]&listNum=1

SPX
stockcharts.com[f,a]wbclynay[d19980403,20030403][p][iub14!lp14,3,3][j11436749,y]&listNum=1



To: AllansAlias who wrote (70349)4/3/2003 11:45:38 PM
From: marginmike  Read Replies (2) | Respond to of 209892
 
Are you saying we break up?



To: AllansAlias who wrote (70349)4/3/2003 11:49:09 PM
From: bcrafty  Respond to of 209892
 
If we get the A = C, SPX 975

we would be just kissing the down trendline from the September 2000 high.

stockcharts.com[h,a]daclnnay[df][pb50!b200!f][iUb14]&pref=G

It would have to come pretty fast, though. If it came in June the trendline would be just a little lower than it is now.



To: AllansAlias who wrote (70349)4/29/2003 5:47:04 PM
From: John Madarasz  Read Replies (3) | Respond to of 209892
 
ready to begin scaling in here<g>

Message 18794821