28 replies to this topic

[MacRo]

maybe A-ha's China prediction will come to roost after all. I notice somebody just bought a couple thousand FXI Nov 200 puts today...

[eminimee]

http://stockcharts.com/c-sc/sc?s=$SPX&p=10&yr=0&mn=0&dy=15&i=p70168500728&a=110676262&r=8620.png

[qqqqtrdr]

maybe A-ha's China prediction will come to roost after all. I notice somebody just bought a couple thousand FXI Nov 200 puts today...

Sounds like a lot of denial today about this thing going lower. Please notice that the Russell 2000 has been really laging the other indicies and we are not oversold. Internals have been deteriorating, and McClellan suggests that if we cannot finish higher today, we should sell-off a lot lower over the next week.

Rydex Ratio is now under .50, so I don't think there are many bears currently left.....

Barry

[eminimee]

PS...sold rest of oex weekly puts...holding the Q puts with a breakeven stop. Will look to go short ES if we can't get on top of 1531

[traderx]

maybe A-ha's China prediction will come to roost after all. I notice somebody just bought a couple thousand FXI Nov 200 puts today...

Sounds like a lot of denial today about this thing going lower. Please notice that the Russell 2000 has been really laging the other indicies and we are not oversold. Internals have been deteriorating, and McClellan suggests that if we cannot finish higher today, we should sell-off a lot lower over the next week.

Rydex Ratio is now under .50, so I don't think there are many bears currently left.....

Barry

wher can I get the rydex ratio?

[qqqqtrdr]

maybe A-ha's China prediction will come to roost after all. I notice somebody just bought a couple thousand FXI Nov 200 puts today...

Sounds like a lot of denial today about this thing going lower. Please notice that the Russell 2000 has been really laging the other indicies and we are not oversold. Internals have been deteriorating, and McClellan suggests that if we cannot finish higher today, we should sell-off a lot lower over the next week.

Rydex Ratio is now under .50, so I don't think there are many bears currently left.....

Barry

wher can I get the rydex ratio?

Most of us get it from http://decisionpoint.com where the graphs are located. There are a lot of good charts there but it costs $20 a month.

[NAV]

PS...sold rest of oex weekly puts...holding the Q puts with a breakeven stop. Will look to go short ES if we can't get on top of 1531

Tea,

That was an awesome trade.

[eminimee]

thanks

[OEXCHAOS]

Yeah, that really was. I think I'd take the rest of the year off, except for some "fun" trades. Mark