So which way you guys think? After the morning spike according to the futures...
NAV - almost no change on NYMO and NAMO
Started by
arbman
, Jul 11 2007 07:17 PM
5 replies to this topic
#2
Posted 11 July 2007 - 07:29 PM
We could see a 60 to 70 point move tomorrow..........in three swings
#3
Posted 11 July 2007 - 07:40 PM
3 swings mostly down or up? I was thinking tomorrow should be the bottom according to my cyclical model, but I have no clue at this point, perhaps it bottomed early...
This is all short term stuff, I am more bearish for the IT...
#4
Posted 11 July 2007 - 08:03 PM
Posted a chart here that might fit the volatility that a small mco move could bring
http://www.traders-t...showtopic=72599
check this out
http://stockcharts.com/h-sc/ui?s=$BKX...&listNum=-2
http://www.traders-t...showtopic=72599
check this out
http://stockcharts.com/h-sc/ui?s=$BKX...&listNum=-2
#5
Posted 11 July 2007 - 08:13 PM
Kisa, I vote for down.......the Equity P/C is pretty low, we need a good shakeout to get Options Players more scared.
http://stockcharts.com/c-sc/sc?s=$CPCE&p=D&b=3&g=0&i=t69483107425&r=6662.png
http://stockcharts.com/c-sc/sc?s=$CPCE&p=D&b=3&g=0&i=t69483107425&r=6662.png
#6
Posted 11 July 2007 - 09:59 PM
Kisa,
It was a small change on NYSE but not on Nasdaq. I vote for up.