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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Doug who wrote (83984)	10/19/2003 6:15:08 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 99985

The VXN and PUT/Call ratios are near their low indicating a "Sell off" is likely. This obviously agrees with your prediction. Could prove to be the "pause that refreshes", but it could be sharp and scary. But I'm betting that it would be time to buy when some of those longer term support levels are hit. A further bull rather could be facilitated by a rapid re-entry of Iraqi oil into the global market: bigcharts.marketwatch.com bigcharts.marketwatch.com bigcharts.marketwatch.com bigcharts.marketwatch.com bigcharts.marketwatch.com