bradley turn dates will probably mkt the bottom from much lower levels
the pikers continue to buy calls LOL
Started by
atlasshrugged
, Aug 25 2008 03:00 PM
5 replies to this topic
#2
arbman
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Posted 25 August 2008 - 03:25 PM
True, even though the bulls continue to buy a lot of OTM calls, the put buyers are the ones paying the premiums. It probably locks us firmly in a wide trading range and when those OTM calls loose enough premium near the opex, the put buyers will be probably run over again. I am thinking the market accommodates the bearish tendencies until it doesn't... 
#3
SemiBizz
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Posted 25 August 2008 - 05:05 PM
This market is a low volume whipsaw... if it were a hand of Texas Holdem, this is what it would be:
Today's Deal...Bears hold KK
Tomorrow... Flop AKK
Wed ...4th Street A
Thursday...River Q
Friday... Bears Allin
Bulls reveal their hand AA
Edited by SemiBizz, 25 August 2008 - 05:08 PM.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#4
atlasshrugged
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Posted 25 August 2008 - 05:48 PM
This market is a low volume whipsaw... if it were a hand of Texas Holdem, this is what it would be:
Today's Deal...Bears hold KK
Tomorrow... Flop AKK
Wed ...4th Street A
Thursday...River Q
Friday... Bears Allin
Bulls reveal their hand AA
you just summed it up...funny....now tommorow we go up and fill todays gap...we are running out of room for gaps!!!
#5
CHAx
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Posted 25 August 2008 - 06:35 PM
Kudlow and group are all bulled up tonight. Pretty entertaining. My favorite part was Kudlow's 5 minute rant on the democrats making the stock market go down. Lets blame the short sellers tomorrow and george bush on wednesday.
Lets blame the short sellers tomorrow and george bush on wednesday.
#6
Rogerdodger
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Posted 25 August 2008 - 06:38 PM
you just summed it up...funny....now tommorow we go up and fill todays gap
That would look just like Mike Burk's August chart!
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
