7 replies to this topic

[rkd80]

There was a considerable jump in cpci today and still extremely low readings on cpce. The ratio between the two is at a considerably high level albeit its been higher in the past 6 months.

[Bob-C]

There was a considerable jump in cpci today and still extremely low readings on cpce. The ratio between the two is at a considerably high level albeit its been higher in the past 6 months.

Hi rkd80, good to hear from you; thanks for the heads up on the CPCI and CPCR. Today the CPCI skyrocketed .67 to 2.00 on a day when the INDU and SPX tagged new all-time-highs. IMHO, this is suggestive of puts being bought by the TPTB who at the same time were busy distributing stocks and/or stock-index futures from their short-term inventory to the insouciant public, traders, and fund managers who were becoming more euphoric as they were exhorted Newspeak-style by the worldwide media and their Wall Street cronies to buy stocks now! The CPCE rose a miniscule .02 to a still low .50 on a day of very poor breadth on the NYSE and the NASDAQ. This was reflected by today's poor NYMO and NAMO results. The CPCI:CPCE ratio of 4.00 is redolent of the slightly higher ratios at the market tops earlier this year; see the CPCI:CPCE daily and weekly charts below in addition to the CPC, CPCI, and CPCE charts etc. Note, the CPCI:CPCE daily StochRSI is banging on the ceiling at 1.00 similar to previous CPCI:CPCE tops (see the chart) that were coincident with previous market tops. In addition the CPCI:CPCE is close to the top of its upper BB on both the daily and weekly charts. The "rally" continues as the market infrustructure decays. "The emperor has no clothes." Caveat emptor!

Here is the CPCI:CPCE daily chart.

Here is the CPCI:CPCE weekly chart.

Here is the CPCE weekly chart.

Here is the CPC weekly chart.

Here is the CPCI weekly chart.

Here is the CPCE daily chart.

Here is the CPC daily chart.

Here is the CPCI daily chart.

Here is the VIX daily chart.

Here is the VIX weekly chart.

Here is the VXN daily chart.

Here is the VXN weekly chart.

Here is the VXO daily chart.

Here is the VXO weekly chart.

Here is the QQV daily chart.

Here is the QQV weekly chart.

Here is the VIX daily TL chart:
http://chart.nu/chart?ticker=$VIX&ma&m_start=8&y_start=2006&filter=13.png

Here is the VIX weekly TL chart:
http://chart.nu/chart?ticker=$VIX&ma&w&m_start=6&y_start=2003&filter=8.png

Here is the VXN daily TL chart:
http://chart.nu/chart?ticker=$VXN&ma&m_start=8&y_start=2006&filter=13.png

Here is the VXN weekly TL chart:
http://chart.nu/chart?ticker=$VXN&ma&w&m_start=6&y_start=2003&filter=8.png

Here is the VXO daily TL chart:
http://chart.nu/chart?ticker=$VXO&ma&m_start=8&y_start=2006&filter=13.png

Here is the VXO weekly TL chart:
http://chart.nu/chart?ticker=$VXO&ma&w&m_start=6&y_start=2003&filter=8.png

Here is the QQV daily TL chart:
http://chart.nu/chart?ticker=$QQV&ma&m_start=8&y_start=2006&filter=13.png

Here is the QQV weekly TL chart:
http://chart.nu/chart?ticker=$QQV&ma&w&m_start=6&y_start=2003&filter=8.png

Have a great weekend!

Bob-C

[emdee]

Here's an interesting look at CPCI:CPCE when compared to market price:

http://stockcharts.com/c-sc/sc?s=$CPCI:$CPCE&p=D&yr=1&mn=0&dy=0&i=p64967617762&a=111819129&r=3711.png

[Bob-C]

Here's an interesting look at CPCI:CPCE when compared to market price:

http://stockcharts.com/c-sc/sc?s=$CPCI:$CPCE&p=D&yr=1&mn=0&dy=0&i=p64967617762&a=111819129&r=3711.png

Hi Brikie86, nice to hear from you, welcome to the board. Thank you for the informative comparison chart of the performance of the SPX compared to the CPCI:CPCE. The chart confirms my comments to rkd80 above regarding the correlation of the CPCI:CPCE ratio to market tops and bottoms especially when the CPCI:CPCE reaches extreme highs or lows.

Good luck on your trades.

Bob-C

[emdee]

>>> welcome to the board <<< Thanks Bob. I have made TT a daily read for a while now. There is a lot of talent on this board...that's for sure. Mike

[Bob-C]

>>> welcome to the board <<<

Thanks Bob. I have made TT a daily read for a while now. There is a lot of talent on this board...that's for sure.

Mike

You're welcome Mike, have a great weekend.

Bob

[relax]

Great chart!

>>> welcome to the board <<<

Thanks Bob. I have made TT a daily read for a while now. There is a lot of talent on this board...that's for sure.

Mike

[Bob-C]

Great chart!

>>> welcome to the board <<<

Thanks Bob. I have made TT a daily read for a while now. There is a lot of talent on this board...that's for sure.

Mike

Thanks very much relax_dk.

Good luck on your trades.

Bob