Thursday, May 01, 2008

BEAR BREAKING POINT

**Click chart above to enlarge. Using this method, if MUCH progress is made and the close stays above the MA shown, the bear may be knocked out, crazy as it sounds....so far it still looks a lot like 2001.....we should know soon.


**click to enlarge.


Falling VIX (volatility index) is uaually bullish. If this keeps up Bear is going into hibernation IMHO.

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