Equity P/C 0.71, overall P/C 1.2, buy...
- kisa
Once again...
Started by
arbman
, Jan 25 2007 02:33 PM
3 replies to this topic
#2
Posted 25 January 2007 - 02:36 PM
Maybe I'm a fool but I did a little selling of the trading longs (large caps) that I have and did some shorting, too.
The action in the ADR ETFs is hinting of some sort of IT correction whether small or great. Also other stuff is overly ripe. I'm not overly convinced that this is a significant shorting opportunity though so maybe the downside has legs as it seems this is a strange place for a swoon to begin from.
#3
Posted 25 January 2007 - 02:57 PM
Equity P/C 0.72, Overall 1.26... Are we going to crash now?
The implied volaitility in RUT did not break out like the VIX, neither on the Qs...
#4
Posted 25 January 2007 - 03:21 PM
The TRINs are surprisingly just around 1.0 on this decline, the volume will also barely exceed yesterday's. Most of the volume came at the lows. I am not all that convinced about this decline, I guess if it pushes one more day than it will definitely break big time though...