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VST "Smart Money" Bearish on the market


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#1 OEXCHAOS

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    Mark S. Young

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Posted 27 April 2021 - 08:46 AM

I have viewed the OEX P/C as a "smart money" indicator for many years now, though recently it hasn't been as good. Still, I look at it.

 

I view the VIX P/C as a measure of smart money and that's not hard to figure. Amateurs don't know what the VIX is, let alone how to or if they should trade it, with options.

 

Both these measures are suggesting that those in the know don't want to be short premium or long the market.

 

This has little meaning beyond today.

 

Mark


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#2 12SPX

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Posted 27 April 2021 - 10:14 AM

And there goes the volume, an hour and half in!  I've been day trading on here for over a year and volatility has been normal till this month. I guess no volume means no movement so its good, youv'e got to be kidding lol!!



#3 pdx5

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Posted 27 April 2021 - 11:03 AM

Forget the smart money. It is the Trillions being dumped into laps of ordinary people which is the force behind this market.
Like the other poster said forget TA and charts.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#4 linrom1

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Posted 27 April 2021 - 11:04 AM

And there goes the volume, an hour and half in!  I've been day trading on here for over a year and volatility has been normal till this month. I guess no volume means no movement so its good, youv'e got to be kidding lol!!

no volume at the top means nothing....LOL



#5 12SPX

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Posted 27 April 2021 - 08:48 PM

 

And there goes the volume, an hour and half in!  I've been day trading on here for over a year and volatility has been normal till this month. I guess no volume means no movement so its good, youv'e got to be kidding lol!!

no volume at the top means nothing....LOL

 

Hmmmm my 40-years in this market tells me its never been wrong eventually, usually sooner than later so we'll see.