AI
Saturday, January 21, 2006 12:07:08 PM
mjk - Agree...
This looks like a massive shakeout move before a fast move up. Friday's downturn could look like chicken feed. I will know if 2200 holds, but the VXN is at a level where one can expect a major bounce.
This looks like a massive shakeout move before a fast move up. Friday's downturn could look like chicken feed. I will know if 2200 holds, but the VXN is at a level where one can expect a major bounce.
Jan 4 - We have transitioned into a bear market. Completely different rules apply.
May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.
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