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


To: HairBall who wrote (1676)12/14/1998 2:48:00 PM
From: Barbara Barry  Read Replies (3) | Respond to of 99985
 
LG,
Congrats on your thread.One of the many ominous indicators you might include...VIX is starting to look like last August.We seem to have cut through the 30's pretty easily.Now I am not so sure 8500 will hold.
That is key.This prez thing could get even more out of hand so I don't know if that Christmas "cheer" will be able to rally.The fundementals have been bad but over the last week or so the technicals...all of them...looking weaker.If I am wrong I won't mind being mostly in cash this week.
Regards,
Barbara