6 replies to this topic

[opinionated]

McClellan Oscillator now at the most oversold reading since the Dec. 24 low. And on just a 2% drawdown for the $NYA

[12SPX]

And 5 straight down days, likely bounce as we approach expiration!

[opinionated]

That And Open Interest was absurd on the calls for next week,

[da_cheif]

McClellan Oscillator now at the most oversold reading since the Dec. 24 low. And on just a 2% drawdown for the $NYA

only problem is my clx ******** wont provide wind for the market till after opex......a friday late ramp sends most home in a bullish mood.....i dont trust it    ...btwdik

[opinionated]

 

McClellan Oscillator now at the most oversold reading since the Dec. 24 low. And on just a 2% drawdown for the $NYA

only problem is my clx ******** wont provide wind for the market till after opex......a friday late ramp sends most home in a bullish mood.....i dont trust it    ...btwdik

 

 

 

Thanks Don,

 

Your thoughts are always so welcome.   Still holding onto 2895 before exp.  Maybe 2815...  But I got in half my position XLI which got KILLED by the BA news.  But also bought BA at the open.

 

Terrible accident prayers to the families

[12SPX]

 

McClellan Oscillator now at the most oversold reading since the Dec. 24 low. And on just a 2% drawdown for the $NYA

only problem is my clx ******** wont provide wind for the market till after opex......a friday late ramp sends most home in a bullish mood.....i dont trust it    ...btwdik

 

Do I have this right are you short term bearish oh my!!!

[opinionated]

I think he advised caution as he did not trust it.... Not short.  But I could be wrong,  Don... Like him or not is not a good fade....