6 replies to this topic

[eminimee]

either the abc was to 1546..or a bigger C=A is at 1548........I like the former. Its goin' to be a good one

[eminimee]

...and on a point neither here nor there to do with the Bradley. I have the raw data all the way to 2010 and as far as values go....the high was on OCT 12.....the next value low is Dec 22. Maybe something...maybe nothing....but we did hit a high on the 11th....giving a day either side.....maybe the turn was then. I don't trade using Bradley but thought I'd report it fwiw

10.01.2007 139.61687
10.02.2007 141.24153
10.03.2007 142.76746
10.04.2007 144.12021
10.05.2007 145.41533
10.06.2007 146.88110
10.07.2007 148.48598
10.08.2007 150.18800
10.09.2007 151.76379
10.10.2007 152.99156
10.11.2007 153.81714
10.12.2007 154.17422
10.13.2007 154.00941
10.14.2007 153.45767
10.15.2007 152.44684
10.16.2007 150.94540
10.17.2007 149.18044
10.18.2007 147.07454
10.19.2007 144.42883
10.20.2007 141.10733
10.21.2007 137.48306
10.22.2007 133.86176
10.23.2007 130.59583
10.24.2007 127.86406
10.25.2007 125.08793
10.26.2007 122.39353
10.27.2007 120.12666
10.28.2007 118.16917
10.29.2007 116.10545
10.30.2007 114.08562
10.31.2007 112.18475
11.01.2007 110.44975
11.02.2007 108.76620
11.03.2007 107.14851
11.04.2007 105.57602
11.05.2007 103.88971
11.06.2007 101.68771
11.07.2007 98.71637
11.08.2007 94.91942
11.09.2007 90.71565
11.10.2007 86.43906
11.11.2007 82.34639
11.12.2007 78.85332
11.13.2007 76.28954
11.14.2007 74.79498
11.15.2007 73.66653
11.16.2007 72.55717
11.17.2007 71.41922
11.18.2007 69.95656
11.19.2007 68.15455
11.20.2007 65.96243
11.21.2007 63.45527
11.22.2007 60.81710
11.23.2007 58.00258
11.24.2007 55.28815
11.25.2007 53.00039
11.26.2007 51.41262
11.27.2007 50.47997
11.28.2007 49.92528
11.29.2007 49.45243
11.30.2007 48.83959
12.01.2007 47.92548
12.02.2007 46.51342
12.03.2007 44.84047
12.04.2007 43.23481
12.05.2007 42.73677
12.06.2007 43.54821
12.07.2007 45.53212
12.08.2007 48.45687
12.09.2007 51.93978
12.10.2007 55.16294
12.11.2007 57.46891
12.12.2007 58.50879
12.13.2007 58.03537
12.14.2007 55.78325
12.15.2007 51.23483
12.16.2007 44.48814
12.17.2007 36.94415
12.18.2007 29.18616
12.19.2007 21.86665
12.20.2007 15.77839
12.21.2007 12.16870
12.22.2007 11.20450

[eminimee]

On the way to the slide ...it got caught in a tri..

http://stockcharts.com/c-sc/sc?s=$SPX&p=5&yr=0&mn=0&dy=8&i=p89792561939&a=119816771&r=343.png

[arbman]

The correction is over

[Laoya]

This must be the 4th day this week we've been hovering around 1550 on the ES. I do wonder if it has anything to do with OpEx.

[arbman]

Of course it does, when NDX and SPX exploded to the new highs, there have been enormous amount of equity calls sold, two weeks in a row, they are just letting them expire worthless right here. When the prices went lower, there was not much interest in the put buying, complacency? Sure, but why would you want to disown any hard asset when the Fed is telling you that they are in a devaluation race against the deflation?!? They can keep indices compressed down here only for so long, they are about to significantly break out, WHY? The financials and the consumer discretionary are still the weakest and the Fed can do nothing but lower the rates and support the consumer into the shopping season. Cash is trash! Come back in December, we will be probably singing a different tune.

[Laoya]

Kisacik, Thanks for the insight!