the OEX verse equity put call is showing the pros buying puts and the amatures buying calls
Started by
atlasshrugged
, Jul 24 2007 07:18 PM
9 replies to this topic
#2
Russ
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Posted 24 July 2007 - 07:39 PM
Amateurs like da_cheif? He has been bullish overall and was expecting a dump today but thought it a buying op.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
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"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#3
btrade
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Posted 24 July 2007 - 07:40 PM
What is your source for that info?
#4
rkd80
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Posted 24 July 2007 - 07:45 PM
amateurs are not buying calls, the cpce ratio is even higher than cpci.
“be right and sit tight”
#5
Vector
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Posted 24 July 2007 - 07:48 PM
looks like the amateurs are going to miss this great buying opp just like they missed the 1,000,000,000,000 previous ones!
Same ********, different day but they still don't get it.
#6
atlasshrugged
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Posted 24 July 2007 - 07:49 PM
[quote name='btrade' date='Jul 24 2007, 08:40 PM' post='301619']
[quote name='iron cross' post='301615' date='Jul 24 2007, 09:18 PM']
[/quote]
http://stockcharts.com/h-sc/ui?s=$CPC...amp;a=109575778
What is your source for that info?
cut and paste the link
[quote name='iron cross' post='301615' date='Jul 24 2007, 09:18 PM']
[/quote]
http://stockcharts.com/h-sc/ui?s=$CPC...amp;a=109575778
What is your source for that info?
cut and paste the link
#7
Vector
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Posted 24 July 2007 - 09:34 PM
the p/c r is goofy and does imply more ugliness near term but the COT is very bullish so don't get too hung up on it. That's how I'm playing it at least 
check this out too
http://stockcharts.com/h-sc/ui?s=$NYH...id=p68926463211
one of my favorites. anything under -5% is a buy.
Perhaps what we are witnessing is the final stages of the 4.5 yr cycle low-out that Aire has been talking about due late July. Swift and short.
Hey, I'm on my way out to Vegas in Oct. Can't wait!
check this out too
http://stockcharts.com/h-sc/ui?s=$NYH...id=p68926463211
one of my favorites. anything under -5% is a buy.
Perhaps what we are witnessing is the final stages of the 4.5 yr cycle low-out that Aire has been talking about due late July. Swift and short.
Hey, I'm on my way out to Vegas in Oct. Can't wait!
Edited by Vector, 24 July 2007 - 09:37 PM.
#8
beta
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lasergirl
Posted 24 July 2007 - 09:55 PM
looks like the amateurs are going to miss this great buying opp just like they missed the 1,000,000,000,000 previous ones!
Same ********, different day but they still don't get it.
(the part I like best is how the uber-bears like to spin "sentiment" through their own dung-colored lenses. By 1490, the howls should be deafening.)
Go check out mortiz' post on today's 93% down day on Fib's site; it's the only useful, accurate TA Ive seen posted yet anywhere today.
Edited by beta, 24 July 2007 - 09:59 PM.
"Daytrading -- An Extreme Sport !"
#9
beta
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lasergirl
Posted 25 July 2007 - 12:02 AM
btw, Vector, that is a GREAT chart -- thanks for posting it !
"Daytrading -- An Extreme Sport !"
#10
Vector
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Posted 25 July 2007 - 06:53 AM
Haven't seen you in awhile. Hope all is well. Is by me, just real busy with work and RE investing business.
Yeah that chart is one kick @ss indicator - I love it. 
