equity put call at .46...i probably will be a pig and

the shorts got to be pulling their hair out today on the naz...and now the retail guys are in there buying calls...... talk about showing up to the party after the strippers have already undressed....losers! my personal experience is that i am usually a day early on this counter trades...so yesterday i like the trade and said i would short one more pop..so here it is

Edited by atlasshrugged, 09 March 2010 - 01:15 PM.

if cpce closes below 0.5, it has heralded swing top recently...

Isee is 186, over 200 is high Equity Isee is 301 Just buy

Isee is 186, over 200 is high
Equity Isee is 301

Just buy

wow..300...i have never seen it that high....i cant imagine people buying calls today will get instant gratification


i threw on a short at nq 1909 and will short es at 46.50

Edited by atlasshrugged, 09 March 2010 - 01:47 PM.

the shorts got to be pulling their hair out today on the naz...and now the retail guys are in there buying calls......

talk about showing up to the party after the strippers have already undressed....losers!

my personal experience is that i am usually a day early on this counter trades...so yesterday i like the trade and said i would short one more pop..so here it is

I try my best to ignore these put/call indexes...I think they are a hazard to your wealth. However, my understanding is that what was important was an average of a certain number of days...let's say 10 for instance. A one day reading doesn't mean anything does it?

IT

the shorts got to be pulling their hair out today on the naz...and now the retail guys are in there buying calls......

talk about showing up to the party after the strippers have already undressed....losers!

my personal experience is that i am usually a day early on this counter trades...so yesterday i like the trade and said i would short one more pop..so here it is

I try my best to ignore these put/call indexes...I think they are a hazard to your wealth. However, my understanding is that what was important was an average of a certain number of days...let's say 10 for instance. A one day reading doesn't mean anything does it?

IT

actually...i have back tested and a equity put call ratio of under .49 has an extremely high probability of getting a reaction or sell off within five days from the point day that it was facilitated.

dont misread me...i think the spx is going to 1250....but its natural to get sellers at the old highs ..couple that with short term bullish exuberance and to me it increases the likleyhood of a a selloff worth taking a shot at . i am not anywhere close to being short that i was being long the past two weeks..i am just being a pig

plus that nr7 wr7 pattern i have been pontificating is pretty good for short term capitulations....

Edited by atlasshrugged, 09 March 2010 - 02:05 PM.

watch the leader...no divergences yet, slight overbot:

#2

if the nq's close below 1897 then it will appear as a "false" break out...and that will commence more selling when everybody gets home from work and down loads their end of day data after they bought calls all day on the break out!!!