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To: Shack who wrote (86238)11/21/2003 9:21:23 AM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
>>Has anyone noted any fear yet? <<

Just a nice spike in the VIX, which is as overbought as it's been in recent months.

stockcharts.com[m,a]daclyyay[pb20!b50!b200][vc60][iLl14!La12,26,9!Lh5,3!Lb14!Li7,1]&pref=G

Equity PC has been very odd this week - .78 or so on Wednesday's up day, but down around .65 on Tuesday and Thursday's down days. I'd blame it on expiry, but we've had no problems in the past getting extreme readings during expiry weeks.

Rydex is coming down, but not extremely so.

schaeffersresearch.com

My guess is bounce soon, but I don't think we have enough of a sentiment base for new highs yet.