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

To: HairBall who wrote (8434)	3/18/1999 12:57:00 PM
From: Gersh Avery	Respond to of 99985

You betcha .. shoulda just stayed in bed Gersh

To: HairBall who wrote (8434)	3/18/1999 2:20:00 PM
From: donald sew	Read Replies (3) \| Respond to of 99985

LG, If you could, would you mind taking a look at the daily charts on the VIX. Something is odd and there may be a hint that the market could actually pop to the upside. For the last 8-9 days the VIX has been heading up very slightly forming a very narrow INCLINING FLAG pattern, implying that it should break to downside and since the VIX moves inversly to the market, it would imply a break to the upside. That formation is so narrow and there is one day it was violated - is it a valid flag pattern, since it is so narrow?? seeya