The only fear is that its about to bounce and squeeze shorts.
And yet very persistent decline.
Internals erroding and put call is low. Dip buying galore.
Not a trace of fear
Started by
ogm
, Jun 26 2007 01:57 PM
4 replies to this topic
#1
Posted 26 June 2007 - 01:57 PM
#2
Posted 26 June 2007 - 02:06 PM
Hi OGM, thanks for the insights.The only fear is that its about to bounce and squeeze shorts.
And yet very persistent decline.
Internals erroding and put call is low. Dip buying galore.
Cheers,
Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.
#3
Posted 26 June 2007 - 02:45 PM
The only fear is that its about to bounce and squeeze shorts.
And yet very persistent decline.
Internals erroding and put call is low. Dip buying galore.
You should read McHugh and his army of followers. I did ok buying this dipand selling for a quick 5 points. i justdont feel right holding for long while news likely to drive this market.
good trading.
also the vix is spiking up - one measure of fear IMO but indices holding up ok. actually doing a good job in frothing up the bears. All IMO.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#4
Posted 26 June 2007 - 03:08 PM
#5
Posted 26 June 2007 - 07:01 PM
the VIX is showing fear. It's only a point and a half off the March high when the market bottomed