bottom pickers galore. meanwhile the market remains in crash mode unitl and unless proved otherwise.
i dont know who posted it, but i agree with it. i dont touch this market unless and intil we get a reversal on the weekly chart.
good trading.
complacency here
Started by
Tor
, Aug 16 2007 09:05 AM
4 replies to this topic
#1
Posted 16 August 2007 - 09:05 AM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
Posted 16 August 2007 - 09:11 AM
well didn't you buy yesterday
the fact is that people are stuck between crash mode and the bottom is in mode
Cheers
#3
Posted 16 August 2007 - 09:18 AM
Opening CBOE options:
Equity P/C 1.10, Index P/C 3.0, OEX P/C 2.09, total P/C 1.82
Talk about complacency...
#4
Posted 16 August 2007 - 09:28 AM
they might be getting margin calls. besides hulbert said sentiment completely missed the top so why trust high p now ?
this guy is starting to get it, but i don't kthis comment will do anything but light another fire:
http://money.cnn.com...sion=2007081604
(i wonder where HIS money is and what he has recently liquidated, wouldn't YOU like to know ?)
this guy is starting to get it, but i don't kthis comment will do anything but light another fire:
http://money.cnn.com...sion=2007081604
(i wonder where HIS money is and what he has recently liquidated, wouldn't YOU like to know ?)
Edited by humble1, 16 August 2007 - 09:28 AM.
#5
Posted 16 August 2007 - 10:08 AM
they might be getting margin calls. besides hulbert said sentiment completely missed the top so why trust high p now ?
Because these were the levels only seen during the major lows of the 2001, 2002 and 2004.