just about everyone looking for a retest...with the P/C ratio's zooming, huge Put open interest, and AAII @ 45% bears ( highest this year)and expiration...this week should frustrate those looking for that retest. I guess one spark could be the printing press which has numbers tomorrow. A move below SPY 140 would warrant caution otherwise low volatility.
this week
Started by
tommyt
, Mar 12 2007 02:03 PM
2 replies to this topic
#2
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lasergirl
Posted 12 March 2007 - 02:16 PM
Looks like another 1% higher to go on the Q's (high 43's) before this move tops out.
Closing out longs except CHN (target remains 33) and gold stocks.
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#3
tommyt
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Posted 12 March 2007 - 02:43 PM
now next week...thats another thing.
