Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

Augie's hourly VXN chart indicates a possible turn by early afternoon tomorrow (at least in the VXN):

http://stockcharts.com/def/servlet/SC.web?c=$VXN,uu[g,a]eaclynay[d20021206,20030129][pd20,2][iUp13,8...

The VXN full stochs melted from 90 to 30 in 2-sessions. They could turn back up at around 20 tomorrow if the trendlines hold once again.

That does not rule out a gap up on the GDP, but it may give us a gap, sideways mush, and crap instead of a gap and run.

EOM seasonal stuff is happening here also. Dow usually finishes up the last 2-days of the month.