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MKT - OEX



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Last week took the 20 day component of the AMOSS chart all the way down to
extremely oversold and the five day remains in oversold.  The ninety day
finally dropped off from extremely overbought to just overbought.  The VIX
Z score timing indicator has reached panic levels where reversals often
occur.  It is flashing a buy alert which will turn into a buy signal when
it turns down.  

BobR
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