Short Selling, Dark Side, Bubble Busting Laboratory Message Board

STOCKTALK

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 : Short Selling, Dark Side, Bubble Busting Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: kailuabruddah	4/19/2005 12:15:44 PM
	Read Replies (2) of 361

Friday appears to have been something of a short/intermediate low for now... The Relative VIX and VXN both spiked up to levels not seen since last August's bottom: vtoreport.com Total Put/Call Ratio hit 1.42 on Friday: cboe.com The Nasdaq Summation Index is back to where it was in August: stockcharts.com[w,a]daclyyay[df][p][vc60][iUb14!La12,26,9]&pref=G The Percentage of S&P 500 stocks above their 50 Day MA is back to where it was in August: stockcharts.com[w,a]daclyyay[df][p][vc60][iUb14!La12,26,9]&pref=G Even Sentiment is approaching August's numbers: vtoreport.com And one more I look at is the RSI on this ratio of the NDX to SPX is down to 30 - i.e., oversold: stockcharts.com[w,a]daclyyay[df][pb50!b200][vc60][iUb14!La12,26,9]&pref=G Some of the above conditions need to ease off before I would initiate new short positions... that ought to happen within the next 3 to 6 weeks... Of course some stocks continue to make new 52-week lows... and there is certainly no compelling reason to cover those! GM F WMT DRL RGF IBM

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next