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Jim:
Double bear covers on Time and USNews on Mar 26, the same week as the
present 3/22 low for the dow and the sp would give an opposite indication of
sentiment. Additionally, the super high levels of VIX (3/22 = 41.99h and
4/3 = 40.56h), indicate that at least bullish options players have been
"throwing in the towel" and "throwing the baby out with the bath water".
We will need to see if the title is given to promote viewer interest or
rather if it indicates that no "wall of worry" is present. Thanks for the
note.
Don
----- Original Message -----
From: "Jim Johnson" <jejohn@xxxxxxxxx>
To: <omega-list@xxxxxxxxxx>; <cash@xxxxxxxxxxx>
Sent: Saturday, April 07, 2001 8:47 AM
Subject: CNBC: Finding the Bottom
Hello omega-list,
I noticed an ad last night on CNBC (I was watching Natl Geographic
Explorer) that next week CNBC will put on a special entitled "Finding
the Bottom." that's go to be good news for the bears.
--
Best regards,
Jim Johnson mailto:jejohn@xxxxxxxxx
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