SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.38+0.1%Nov 12 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stcgg who wrote (53316)6/7/2000 8:11:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
sentiment indicators:

CBOE total put/call ratio: 0,44
equity only: 0,41
index: 0,71 (!)

Rydex ratio: 0,10 (one more day like today and it's back at an all time low - after the last all time low was made, the NAZ promptly dived by 34% within three weeks)

conclusion: too much bullishness...this means upside from here should be limited. note also that Byron Wien and Charles Biederman turned 'super-bullish' today if CNBS is to be believed, and the lone bearish WS strategist, Charles Blood threw the towel yesterday. oh yes, and Ralph Acampora gave the 'all clear' two days ago.

soon be time to go short again....

regards,

hb
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext