7 replies to this topic

[arbman]

if not already! I actually do need to get ridiculed here though, it usually does validate my positions... This is one of those times that you need to hate your company in either direction...

[S.I.M.O.N.]

if not already!

I actually do need to get ridiculed here though, it usually does validate my positions...

This is one of those times that you need to hate your company in either direction...

well, i don't know about an IT top but iwm had lower volume today on the breakout ,then the feb top, so you maybe right short term, sorry i know you probably did'nt want agreement, but i have always enjoyed reading you stuff, so can't bring myself to ridicule.

[Rogerdodger]

I actually do need to get ridiculed here though, it usually does validate my positions..

YEP. I get nervous when everybody agrees with me.
It means that everybody agrees!

You are hereby officially ridiculed.

Watch that VIX. Will it began pushing that lower BB or retreat?

[pdx5]

Sorry Kisachik, but I am in your camp. Although the significant top may be 2 to 4 months away. When the best season for selling homes winds down and homes are still in a funk, that is when the excrement will hit the proverbial fan.

[spielchekr]

The majority likely believes we'll hit the top purple line. I believe we're in the green pitchfork channel instead. We tag the red line for the last time around the 27th. Sorry.

[VolPivots]

Yes. Now if they can make the news about Dow Chemical official, judging by Rydex BM fund flows and other technical measures....u'd have a chance at least for a pullback. Are Materials leaders or laggards

[gorydog]

if not already!

I actually do need to get ridiculed here though, it usually does validate my positions...

This is one of those times that you need to hate your company in either direction...

Fool, this is the recognition wave, where bears cover and J6P goes 200% long. And your card that disappeared was the Jack of Diamonds, admit it.

I think we'll know by 9:30am NY time which side of the knife we are on.

GD

[arbman]

pnf, I enjoy reading your stuff too, thanks. I think the rest of the week will get very interesting or very boring. I am also seeing some record retail call purchases in the last week's data with very medium range to high premiums (in the money purchases). Today, the confidence probably went up more, but I will not sell aggressively until I see some sort of confirmation, hopefully it will not be at the 50 SPX points lower... I am slowly selling some stuff I bought last week... - kisa

Edited by kisacik, 16 April 2007 - 10:43 PM.