<<ALL IN ALL, THINGS LOOK GOOD, WITH A LOT OF SKEPTICISIM
OUT THERE///>>
If you really look at it, I share with you this comment, although CPQ will be hit so does a lot of computers and box makers and may be NDX comes little under pressure, however if you look at theearnings going forward the indications are good. Other thing is I wanted to sell some
NDX puts and calls a kind of 'strangle' for April, I checked the puts and calls 100-120 points out, in puts the premium was double indicating bias of the market to go down. So for me 90 out of 100 times this results within few days of these excessive premiums being primed a move which dries up the prem.
On RUT and BKX if you go back to my last few weeks post, i have highlighted 403-405 area as area which will help intersect 20 days above 50 days giving a long term buy signal, I am waitng for that although I am well positioned but the fact remain seeing in life what one predicts on individual sectors or indices is gratifying, it just gives that additional confidence and makes me to think that we here are a 'a meter faster'.
On 'Googly' , you guys play baseball, we here are in cricket, a leg break bowler tries to bambozzle a bats man with a ball which full length and is very difficult to read. You enjoyed it, I was delighted. A thread has to be a little fun too. |
