Sent this out 20 mintues ago.
We are flat, and we're looking short. We've finally got a volume set up so I'll probably nibble here in a moment. We've got targets on the Sep Emini at 1540, 1530, and 1525 that I expect to be seen this week. After that, it's anyone's guess.
I'm not relying upon the options data here, so I'm only modestly Bearish today, but those targets are appealing to me and the volume in the futures supports.
Did anyone note that TheStreet.com had 62% Bulls and 17% Bears on Sunday? At 9:20 they still had 60% Bulls and 18% Bears.
Mark
ST Trading
Started by
OEXCHAOS
, Jun 18 2007 08:56 AM
3 replies to this topic
#1
Posted 18 June 2007 - 08:56 AM
Mark S Young
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#2
Posted 18 June 2007 - 09:19 AM
Mark,
Larry Williams keeps track of advisory newsletters bear vs. bull ratio...you find utility in those stats?
#3
Posted 18 June 2007 - 09:24 AM
I've not looked at them, as I watch II and Hulbert. Does Larry update more than weekly?
Mark
Mark S Young
Wall Street Sentiment
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#4
Posted 18 June 2007 - 09:29 AM
As I see the RYDEX sentiment these are the times where I become more aggressive !
Not to mention I got another hook.
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