I think that this market has more work to do to the downside. Now is not the time to be buying.
Bad Shift
Started by
OEXCHAOS
, Mar 16 2007 07:23 AM
5 replies to this topic
#1
OEXCHAOS
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Mark S. Young
Posted 16 March 2007 - 07:23 AM
In this market, I don't like seeing a climbing Bull/Bear ratio. It is, however.
I think that this market has more work to do to the downside. Now is not the time to be buying.
I think that this market has more work to do to the downside. Now is not the time to be buying.
Mark S Young
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#2
TradeMark
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Posted 16 March 2007 - 07:29 AM
Is this a chart of the FF poll? What if the FFs are not a good fade?
TM
#3
OEXCHAOS
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Mark S. Young
Posted 16 March 2007 - 07:44 AM
FF's are not a good fade.
Whenever ANYone is leaning too much over time, however, it's usually a problem.
That's a 5 day SMA on Fully Long vs Fully Short. I want to see some more time below 1 before I get Bullish. Of course, one should note that this crew correctly got Bullish pretty much at the right time last summer. It's just that if this measure jumps too quickly too soon, it can be a harbinger of trouble.
Mark
Mark S Young
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#4
2cents
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Posted 16 March 2007 - 07:48 AM
FF's are not a good fade.
Whenever ANYone is leaning too much over time, however, it's usually a problem.
That's a 5 day SMA on Fully Long vs Fully Short. I want to see some more time below 1 before I get Bullish. Of course, one should note that this crew correctly got Bullish pretty much at the right time last summer. It's just that if this measure jumps too quickly too soon, it can be a harbinger of trouble.
Mark
Maybe Mark
But remember that the P/C Ratios for both equities and options are their highest just before large declines.
My opinion isn't worth the HTML it's written on
#5
eminimee
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I don't care who's fur is flying...
Posted 16 March 2007 - 07:58 AM
Got a feeling we could spike to see 1413/14 June ES then a collapse this morning... might be gas too.
#6
BearItch
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Posted 16 March 2007 - 09:45 AM
FF's are not a good fade.
Whenever ANYone is leaning too much over time, however, it's usually a problem.
That's a 5 day SMA on Fully Long vs Fully Short. I want to see some more time below 1 before I get Bullish. Of course, one should note that this crew correctly got Bullish pretty much at the right time last summer. It's just that if this measure jumps too quickly too soon, it can be a harbinger of trouble.
Mark
Mark---
Only 7% fully short today in this market? That is a wake-up call for sure.
