Jump to content



Photo

complacency here


  • Please log in to reply
4 replies to this topic

#1 Tor

Tor

    Member

  • Traders-Talk User
  • 7,647 posts

Posted 16 August 2007 - 09:05 AM

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.
Observer

The future is 90% present and 10% vision.

#2 relax

relax

    Member

  • Traders-Talk User
  • 2,224 posts

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 arbman

arbman

    Quant

  • Traders-Talk User
  • 19,504 posts

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 humble1

humble1

    Member

  • Traders-Talk User
  • 5,959 posts

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 ?)

Edited by humble1, 16 August 2007 - 09:28 AM.


#5 arbman

arbman

    Quant

  • Traders-Talk User
  • 19,504 posts

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.