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To: JRI who wrote (256443)8/18/2003 10:18:13 PM
From: Justa Werkenstiff  Respond to of 436258
 
JRI: Vix has made a lower low and probably opex influenced with Friday and all. Same for vxn. No higer high in either spx or ndx -- yet. Yes, I think some folks are excited by the Dow "confirmation." Not sure I would call this a blow off at this point. Dow has a history of these moves. If the SPX joins, then a blowoff is possible.

Looks like we get a pullback and will have to see what develops on it.