>>>My guess (and my option bet) is that the index option players just changed their mind and that, beginning tomorrow, we're about to scare the turkey stuffing out of a lot of pilgrims.<<<
Steve, this is a very good analysis of the vix, i was hoping that we could get some more strength into eom window dressing and that many stocks, nets in particular had some more life, monday will tell if the retails had there fill of turkey and tulips.
This also coincides with my five wave count on cisco from the 18th bottom, with 2 ending on the 25th, and extended wave 3 that ended on the 18th when the vix hit the bottom band and we had record equity calls, and wave 5 ended intraday friday.
timely.com
interesting 34 fibonacci days between the peak in pessimism in p/c on the 15th and the peak in optimism on the 18th.
Interesting study by paolo of nasdaqs relationship to 50 dma
stockcharts.com
the highest spikes on that chart are out of the 82, 90, and 98 4/8 year cycle bottoms, each one gave birth to a mania, computers in 83, and biotechs in 91.
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