Tomorrow is GDP "news."
The inverted CPC looks like it's near another top.
CPCI also.
http://stockcharts.com/c-sc/sc?s=$ONE:$CPC&p=D&yr=2&mn=0&dy=0&i=p83715330173&a=160844090&r=3882.png
One Chart I must post tonight: CPC
Started by
Rogerdodger
, Feb 27 2009 12:41 AM
5 replies to this topic
#1
Rogerdodger
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#2
dcengr
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Posted 27 February 2009 - 01:04 AM
At a double bottom, I expected a lot of fear.
Not a buttload of call buying.. figure that out, I can't.
Qui custodiet ipsos custodes?
#3
Taz
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Posted 27 February 2009 - 01:23 AM
Nice chart RD.
Did a similar event occur back in 2002?
I am just wondering whether the put-call ratios are really reflective of what the dumb money is doing at the very bottom reality given that the OEX p/c is bullish.
#4
dcengr
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Posted 27 February 2009 - 01:49 AM
Nice chart RD.
Did a similar event occur back in 2002?
I am just wondering whether the put-call ratios are really reflective of what the dumb money is doing at the very bottom reality given that the OEX p/c is bullish.
All true lasting bottoms are full of fear. No exceptions.
Btw, Roger should post today's ISEE reading.
Edited by dcengr, 27 February 2009 - 01:52 AM.
Qui custodiet ipsos custodes?
#5
ogm
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Posted 27 February 2009 - 07:38 AM
Isn't this simply amazing ?
#6
Frankie
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Posted 27 February 2009 - 08:46 AM
Looks Like Terry L's SPX "T Theory" hit his 730 target this morning. Amazing!
