For the record, we're out and short based on this long-delayed, yet very real sell signal. As most are aware, divergences have become massive over recent weeks- as the seemingly never ending series of buy signals amazed even me. I believe that this long set-up is likely "predicting" a pretty severe sell off. We'll see.
Good weekend to all, D
SS Sell
Started by
IYB
, Jul 20 2007 04:38 PM
6 replies to this topic
#1
IYB
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Posted 20 July 2007 - 04:38 PM
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
#2
Sentient Being
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Posted 20 July 2007 - 04:41 PM
IYB, thanks for the update.
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~
#5
arbman
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Posted 20 July 2007 - 07:05 PM
Weeklys (expires next Friday) that started to trade today:
Puts Last Sale Net Bid Ask Vol Open Int
07 Jul 1485.00 (JXD SQ-E) 2.00 +1.30 1.40 2.10 3625 0
That's $725k position for a week, quite a bit money to throw away in one week, if you ask me...
Puts Last Sale Net Bid Ask Vol Open Int
07 Jul 1485.00 (JXD SQ-E) 2.00 +1.30 1.40 2.10 3625 0
That's $725k position for a week, quite a bit money to throw away in one week, if you ask me...
#6
DonBart
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Posted 20 July 2007 - 10:06 PM
For the record, we're out and short based on this long-delayed, yet very real sell signal. As most are aware, divergences have become massive over recent weeks- as the seemingly never ending series of buy signals amazed even me. I believe that this long set-up is likely "predicting" a pretty severe sell off. We'll see.
Good weekend to all, D
What praytell is an SS sell signal?
What is it based on? And can you share any statistics on how accurate these SS signals are (ie historical win/loss % etc)?
TIA,
Don
#7
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Mark S. Young
Posted 21 July 2007 - 08:43 AM
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