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Tomorrow's scary pullback


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#1 Rogerdodger

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Posted 31 October 2007 - 07:37 PM

Tonight Sentimentrader.com had a bullish jump.
Not a big one, but similar ones had a bit of a pullback the next day.
Could it be any scarier than 2006's 100 point BOO! in the INDU?




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Edited by Rogerdodger, 31 October 2007 - 07:38 PM.


#2 ogm

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Posted 31 October 2007 - 07:55 PM

Equity put call closed at 0.45

#3 ogm

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Posted 31 October 2007 - 08:09 PM

ISEE equities only closed at 233.

http://www.ise.com/W...c...&link1=true

#4 ogm

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Posted 31 October 2007 - 08:22 PM

If I'm not mistaken 0.45 EPC is the lowest one day reading since December last year. Comparable maybe only to May reading this year. Either way. Its pretty darn exhuberant. Though 10 day average is far from exhuberant ATM. If I had to take a guess, I'd say we churn a couple days around this level and see f more bullishness builds up.

Edited by ogm, 31 October 2007 - 08:23 PM.


#5 Rogerdodger

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Posted 31 October 2007 - 10:20 PM

Yeah, look at the $CPCE. Note the similar readings seeme to be near a bit of a top.
http://stockcharts.com/c-sc/sc?s=$CPC&p=D&yr=1&mn=0&dy=0&i=p44799576376&a=31062200&r=8962.png