Jump to content



Photo

At least one day of a FF


  • Please log in to reply
5 replies to this topic

#1 jack

jack

    Member

  • Traders-Talk User
  • 907 posts

Posted 31 October 2008 - 03:55 AM

CPCE daily

60min very much in sync

#2 humble1

humble1

    Member

  • Traders-Talk User
  • 5,959 posts

Posted 31 October 2008 - 04:42 AM

using that info, what is your call for today and the next few days? tia ... H1

#3 jack

jack

    Member

  • Traders-Talk User
  • 907 posts

Posted 31 October 2008 - 04:58 AM

using that info, what is your call for today and the next few days?

tia ...

H1


It is only one signal but it says be short now at least VST --- if any early pop today, sell it

#4 Bob-C

Bob-C

    Member

  • Traders-Talk User
  • 5,316 posts

Posted 31 October 2008 - 05:11 AM

CPCE daily

60min very much in sync



Hi Jack, thanks for the heads up on the daily CPCE. :) The CBOE Total Put/Call ratio for Thursday was a low .80 The CBOE Index Put/Call ratio was a low .99 and the CBOE Equity Put/Call ratio was a low .69 as your link showed, all indicating insouciance on the part of frenzied call buyers and a lack of concern by psychologically-conditioned traders, investors, and fund managers who reacted in a conditioned-response and salivated as the MMs and the PTB held their standard merchandising operations' stock and stock-index futures' contracts sales by raising prices sharply from the start of trading, leading the public, traders, and fund managers to continue adopt "the market will always spring back" attitude. Yes, prices temporarily sprang back up (to IMHO, facilitate the MMs and the PTB to unload their inventory of stocks and stock-index-futures' contracts and then to sell short to traders and fund managers) just as a guillotine blade is raised while the condemned person yells out, "hey it's safe, the guillotine blade is being raised away form me." :) See my market comments here. IMHO, the QQQQs, SPX, INDU, RUT, and the NDX etc. are head lower into the elections. IMHO, they will have interim DCAT scam rallies on their way down to test and potentially crash through their recent lows.

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#5 Islander

Islander

    Member

  • Traders-Talk User
  • 2,551 posts

Posted 31 October 2008 - 08:41 AM

Bob-C Impressive arguments! Doesn't bother you to hang your forecast on a single variable in a complex sequence?

But it is likely meaningless since it depends on the unified think/act theory of "they". Coordinated action in this market by "they" is not likely now or anytime soon. We are chaos bound and I only wish a tread could be identified. Any wisp of news or rumor can undo the finest logic.

Best, Islander.

Edited by Islander, 31 October 2008 - 08:41 AM.


#6 Bob-C

Bob-C

    Member

  • Traders-Talk User
  • 5,316 posts

Posted 31 October 2008 - 09:25 AM

  • Bob-C Impressive arguments! Doesn't bother you to hang your forecast on a single variable in a complex sequence?

    But it is likely meaningless since it depends on the unified think/act theory of "they". Coordinated action in this market by "they" is not likely now or anytime soon. We are chaos bound and I only wish a tread could be identified. Any wisp of news or rumor can undo the finest logic.

    Best, Islander.



    Hi Islander, good to hear from you, I'm glad that you liked my arguments. :) Please read my comments on merchandising as part of standard market opeations worldwide under the "here" link in my post above. TIA :) Today's true market condition as usual is being obfuscated by the manipulated rising INDU which is non-confirmed by the NASDAQ and NYSE A/D, NYA, VLE etc. Note, the current tiny INDU divisor becomes a big multiplier suitable for easily manipulating the INDU. :) IMHO, they are taking the broad market down under cover of a rising INDU (Dow 30) which IMHO, is standard merchandising operation by the MMs. The generals, aka the INDU "dirty 30," will soon follow on the downside. IMHO, there will be more downside to come next week. Read my sentences in my reply regarding GS here and in my post under the "here" link for an understanding of worldwide merchandising operations that IMVHO, include all worldwide markets. :) TIA :)

    Cheers, :)

    Bob-C

Edited by Bob-C, 31 October 2008 - 09:27 AM.

Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.