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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (12199)4/29/2013 9:42:50 PM
From: Patrick Slevin  Read Replies (1) of 12410
 
You do nice work!

Too bad it's in an Alternate Universe.

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Yeah, I agree. We are ripe for a retrace. There is too much going here. The Large Traders reducing, the Commercials reducing, the Small Specs increasing, Volume on balance declining,

1615 may be the area we should sell Credit Call Spreads. Actually I'm already Short Credit Call Spreads up there so, I have a vested Interest I guess.

The tough thing about this Market is that there is so much money involved it's nuts to pick a top. Just have to be careful with Stops, I think.
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