17 replies to this topic

[NAV]

CBOE Equity -> Puts 265002, Calls 463271 CBOE OEX -> Puts 13805, Calls 4059 Seems like there's no fear of God among the Equity folks

[arbman]

IVs are also rising...

[greenie]

CBOE Equity -> Puts 265002, Calls 463271

CBOE OEX -> Puts 13805, Calls 4059

Seems like there's no fear of God among the Equity folks

They are all expecting melt-up to dow 16000

[NAV]

Equity P/C .59 OEX P/C 3.31 Looks like the Equity folks are getting aggressive vis-a-vis the OEX folks.

[fib_1618]

They are all expecting melt-up to dow 16000

Actually, the upside objectives given by the McClellan Oscillator have been Dow 13,000 (from last fall), and just recently, 14,500 (+ or - 250 points). Both targets are approximate for the simple reason that we're at all time high territory and there's no historical comparison to zone in on for better numbers.

No firm higher price objectives have been given at this time, although the Dow volume MCO "whispered" targets of at least 15,000 last Thursday...just waiting now for the breadth side to confirm.

Fib

[NAV]

Another interesting thing. OIH was rallying in the morning, diverging against the Crude futures, which was selling off. Now finally it has dawned upon the OIH folks and they have given up. I think that's the preview of things to come in the stock market. SPX and DOW cash are at new intraday highs, but ES and YM are still struggling to take out today morning's highs. I think it's just a matter of time the cash catches up with what the futures guys are already smelling ! My work says a ST correction should kick in soon.

Edited by NAV, 09 April 2007 - 12:40 PM.

[harry5]

thank's for sharing your thought's good luck harry from europe /austria

[NAV]

Equity P/C .57 OEX P/C 3.88 (Holy Cow !)

[arbman]

Volume is still low, I guess not many got back from the holidays yet.

[da_cheif]

They are all expecting melt-up to dow 16000

Actually, the upside objectives given by the McClellan Oscillator have been Dow 13,000 (from last fall), and just recently, 14,500 (+ or - 250 points). Both targets are approximate for the simple reason that we're at all time high territory and there's no historical comparison to zone in on for better numbers.

No firm higher price objectives have been given at this time, although the Dow volume MCO "whispered" targets of at least 15,000 last Thursday...just waiting now for the breadth side to confirm.

Fib

theres a line....called the upper trendline of the expanding triangle that started in the late 90.s.......that line is around 18k.....and rising....spandos are really hugely bullish continuation patterns......the last big one started in the early 80.s and its upper trendline was crossed at dow 4k .....and of course the dow tripled after that line was penentrated....same ol same ol........