11 replies to this topic

[NAV]

Too much of dramatic calls on this board. Fracman calls for 1998 style decline OGM calls for delta hedge meltdown Blustar calls for 1408 SPX by monday ! Easy folks. When the setup was there yerterday, i hardly saw any bearish calls. Now after 40 points decline, it's getting too obvious. When it's soooooo clear to folks of an impending implosion, it most certainly ain't gonna happen. Let's all call for a crash here. The fame will be ours and we will have a record that we called it

Edited by NAV, 09 August 2007 - 02:48 PM.

[ed rader]

Too much of dramatic calls on this board.

Fracman calls for 1998 style decline
OGM calls for delta hedge meltdown
Blustar calls for 1408 SPX by monday !

Easy folks. When the setup was there yerterday, i hardly saw any bearish calls. Now after 40 points decline, it's getting too obvious.

When it's soooooo clear to folks that a impending implosion is coming, it most certainly ain't gonna happen.

Let's all call for a crash here. The fame will be ours and we will have a record that we called it

it's the volatility dude...plus the need to be right no matter what the market does !

ed rader

[arbman]

The VIX is so much up there too, you would think the market just made a new yearly low... If the decline accelerated properly into the close, I would be worried, but right now it feels like the wave-b or the wave-B, a sharp retracement... RUT is yet to break the morning lows... - kisa

[nicolasillo]

here we go, last few mins...lets see who is right tom

Edited by nicolasillo, 09 August 2007 - 02:55 PM.

[eminimee]

got the weenie low I was looking for.

We'll see what happens..I'm long.

http://stockcharts.com/c-sc/sc?s=$OEX&p=5&yr=0&mn=0&dy=6&i=p24895446900&a=95301681&r=645.png

[ogm]

I'm just exploring possibilities... As I said, I'm long, but I raised some cash in case we go lower. And on the rest I'll just write calls and collect dividends. With these high levels of fear and volatility holding position shorts is a risky bet. Summations very low ( of course they getting worse today and may go much lower) PuT/Call ... some measures around 2002 bottom., some even higher. VIX, etc.... highest level in many years too. Of course this may be a crash and dramatic meltdown.. but looking at the ECB actions, it looks like we'll have support from the central banks here. And with historicaly high short positions... IMO, its just not worth the risk. There will be another opportunity to short.

[SemiBizz]

Too much of dramatic calls on this board.

Fracman calls for 1998 style decline
OGM calls for delta hedge meltdown
Blustar calls for 1408 SPX by monday !

Easy folks. When the setup was there yerterday, i hardly saw any bearish calls. Now after 40 points decline, it's getting too obvious.

I knew you must have me on ignore...

[NAV]

Too much of dramatic calls on this board.

Fracman calls for 1998 style decline
OGM calls for delta hedge meltdown
Blustar calls for 1408 SPX by monday !

Easy folks. When the setup was there yerterday, i hardly saw any bearish calls. Now after 40 points decline, it's getting too obvious.

I knew you must have me on ignore...

Certainly, not you Semi

[blustar]

I've been calling for new lows all along, but 1409 SPX extreme bearish??? We are only another 44 point away and we were down 44 today. Last night I was very bearish.

[CAzzaro]

Blustar made his prediction early yesterday as I recall. But, you could get long here for Larry T's rally to 1530 by Tuesday.