The put/call ratio on the Fear Index seems to be completely broken the last few days.
AAII Even More Beared-Up
Started by
OEXCHAOS
, Jan 27 2022 10:02 AM
20 replies to this topic
#12
12SPX
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Posted 27 January 2022 - 10:35 PM
Well the CNN fear gauge is fake news and more important to actually look at the option level prices to get a good indication of bullishness or bearishness!
#13
hhh
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Posted 28 January 2022 - 02:26 AM
12SPX, do you have a link to a good site for option pricing? Thanks!
#14
MikeyG
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Posted 28 January 2022 - 08:24 AM
Fundamentally speaking, earnings are still growing. Unlike 2008-2009 where earnings dropped a whopping 40%.
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#15
fib_1618
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Posted 28 January 2022 - 08:40 AM
Fundamentally speaking, earnings are still growing. Unlike 2008-2009 where earnings dropped a whopping 40%.
Then again, the market’s orthodox top back then was in the fall of 2007…always the great discounting mechanism of future events.
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#16
OEXCHAOS
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Mark S. Young
Posted 28 January 2022 - 09:29 AM
If we are in a Bear Market, all bets are off.
But there's no reliable evidence (yet) that we're in a Bear Market.
This could change. I'll add that I don't have confirmation of a low as yet, either. We could get it today.
I will say that I'm going to be more careful than in the past. I'll risk a whipsaw or two to trim risk going forward.
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#17
K Wave
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Posted 28 January 2022 - 10:10 AM
If we are in a Bear Market, all bets are off.
But there's no reliable evidence (yet) that we're in a Bear Market.
This could change. I'll add that I don't have confirmation of a low as yet, either. We could get it today.
I will say that I'm going to be more careful than in the past. I'll risk a whipsaw or two to trim risk going forward.
Trannies SOX RUT sure seem like it.....barring a huge reversal today
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#18
K Wave
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Posted 28 January 2022 - 10:11 AM
UNP is the Trannies AAPL.....about to give way finally after a massive top formation at $250?
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#19
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lasergirl
Posted 28 January 2022 - 11:02 AM
They are buying risk today. We may be looking at a 4© wave before the next decline begins.
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#20
dhroz
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Posted 28 January 2022 - 11:41 AM
They are buying risk today. We may be looking at a 4© wave before the next decline begins.
Maybe the start of 5 to new highs
Edited by dhroz, 28 January 2022 - 11:42 AM.
