OEX p/c at 0.68 this morning. ISEE at 55.
OEX/ISEE
Started by
RagingSpartan
, Apr 13 2010 09:06 AM
5 replies to this topic
#2
punter
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Posted 13 April 2010 - 09:12 AM
OEX p/c at 0.68 this morning. ISEE at 55.
Too crowded on the short side.
Keep Calm and be Long
My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!
#3
RagingSpartan
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Posted 13 April 2010 - 09:15 AM
OEX p/c at 0.68 this morning. ISEE at 55.
Too crowded on the short side.
I agree. I am watching closely here though. VIX gave a sell signal yesterday. Options data not confirming just yet. I still have a target of SPX 1205. I plan on selling 1/2 my longs around that level. Also, watching gold/oil/bonds. They might be hinting at a top coming soon but not yet.
#4
punter
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Posted 13 April 2010 - 09:18 AM
OEX p/c at 0.68 this morning. ISEE at 55.
Too crowded on the short side.
I agree. I am watching closely here though. VIX gave a sell signal yesterday. Options data not confirming just yet. I still have a target of SPX 1205. I plan on selling 1/2 my longs around that level. Also, watching gold/oil/bonds. They might be hinting at a top coming soon but not yet.
Agree. No top. Too many premature bears.
Keep Calm and be Long
My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!
#5
IYB
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Posted 13 April 2010 - 09:20 AM
I figured you were on vacation this morning, Punter, when I didn't see a "bear trap" post.OEX p/c at 0.68 this morning. ISEE at 55.
Too crowded on the short side.
Anyhow - I'm rebuilding gold position (DGP). Good trading, D 
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
#6
punter
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Posted 13 April 2010 - 09:43 AM
I figured you were on vacation this morning, Punter, when I didn't see a "bear trap" post.OEX p/c at 0.68 this morning. ISEE at 55.
Too crowded on the short side.
Hi IYB. On business trip this week and didn't plan to trade. But unfortunately, itchy finger and went long DOW last night. Am thinking it is a wise move.
. Looking like a bull trap this time.
Keep Calm and be Long
My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!
