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Market is putting in both a short term and
intermediate term top. vix at 25- 26 has on previous occasions been
followed by waterfall declines. Fear has vanished. Bullishness is everywhere. A
move up in the vix will be the timer for the downward
commencement..
Dom
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Rhonda
Guilbeaux
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, April 15, 2003 3:51
PM
Subject: Re: [RT] Short term
"possible" high
coming up in the next day
or two. Breadth
still remains
supportive of price action for now.
Best,
Rhonda
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Rhonda
Guilbeaux
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, April 10, 2003 10:39
AM
Subject: [RT] Short term
"Possible" short term low forming.<FONT
face=Arial size=2>
Hurst 4 shows yesterday
into today. Weekly Projected High 900,
Projected
low 858 for this week. 5 plus 858 is 863.
Still holding above 858, but
still consolidating at the lows
at present.
If last weeks lows tested
and broken obviously
would become an acceleration in the present
downtrend.
For now still above higher support and 50
day ma also.
Time/Price will tell.
Noted Max Pain BobR posted at 850 in a
previous post; also Ira's and Jim's
recent posts. Thanks.
Best,
RhondaTo unsubscribe
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