Monday could be bloody
Started by
dcengr
, Sep 07 2007 05:35 PM
3 replies to this topic
#1
Posted 07 September 2007 - 05:35 PM
I didn't include a current chart, but I think you all know what it looks like.
And finally, a chart that compares NDX:SPX ratio and what that meant the past few years...
From a disclosure stand point, I am completely flat. I tend to believe we have more upside to go, into 9/11.
Trade safe.
Qui custodiet ipsos custodes?
#2
Posted 07 September 2007 - 05:41 PM
I didn't include a current chart, but I think you all know what it looks like.
And finally, a chart that compares NDX:SPX ratio and what that meant the past few years...
From a disclosure stand point, I am completely flat. I tend to believe we have more upside to go, into 9/11.
Trade safe.
Thanks for those charts. Very good ones.
#3
Posted 07 September 2007 - 07:12 PM
Nice charts-nice take. May need to blow mom and dads out of their newly acquired puts, before the real business starts.
#4
Posted 08 September 2007 - 01:13 PM
From a disclosure stand point, I am completely flat. I tend to believe we have more upside to go, into 9/11.
Trade safe.
I think we will probably surge up on Monday, which may be the peak for this IT cycle but, in any case, I expect some kind of peak this coming week, then down to a low in October. I am looking for a strong 4Q in the stock market— barring financial 'accident.'
Mostly flat, but still some long bias.
The content of this message is NOT intended as professional advice. In fact, I am very unprofessional.