Buy and Sell Signals, and Other Market Perspectives 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 : Buy and Sell Signals, and Other Market Perspectives

SPY 683.83

+0.3%

Dec 3 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Fintas who wrote (65635)	10/30/2014 2:17:56 PM
From: Chip McVickar	1 Recommendation Recommended By Mevis Read Replies (2) of 219619

I didn't imply there wouldn't be shorting opportunities I did imply these retracements will be short lived... and will no longer be as profitable Also... I do believe that any buyer of puts or short options will be very unhappy with their meager returns in the weeks ahead. Time to put your weight behind higher moves in the USA Indexes Your noted 8.6K SPX Putter... is going against the trend which is SUBSTANTIALLY HIGHER for these USA Indexes. Just look at the devastation throughout the hedge fund world and all their badly placed positions. Fortress is in the news today for 3 bad calls 1-bad bet against government bonds 2- way wrong wager on Brazil 3- way wrong on Japanese Yen Gold could easily see 1000... before reversing... but more likely 800 But the myopic will fight it all the way down Chip ps...who I follow and what my own work presents has a time frame to be right... It started in October and will gather steam in November and December We have to see solid higher moves for the next two months for long position holders to be right. FWIWTYou...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next