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 : Stock Attack -- A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AllansAlias who wrote (27989)8/21/2000 1:18:56 AM
From: donald sew  Read Replies (2) of 42787
 
Allan,

>>>>> Equity put/call for the week was .45 -- not an extreme at all, and much higher than at the July 17th top <<<<<

Im not sure about that, although I too sleepy to check right now. I recall the lows to be around .40 so its not that far off if I am correct.

The VIX could get to around 17, but on a relative basis for this year, it is at the years lows, maybe even 52 week lows.
On a weekly chart sure does look like a BIG OLE BEARISH WEDGE to me.

Im not saying crash, since the elections are right around the corner. Maybe just a 5-10% pullback depending on the index. Although Sept is statistically a weak period, I dont think the powers that be would permit too large of a selloff right before the elections.

Just waiting for the early SEPT/late AUT TOP per my mid-term analysis.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext