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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Gush who wrote (7817)4/15/2005 3:38:57 PM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
LOL!

Naw.... just gotta think about things and try very hard to keep a market-neutral attitude (okay, I admit that is no simple task). Otherwise, you're driving sideways on glare ice.

T



To: Gush who wrote (7817)4/15/2005 4:10:46 PM
From: Walkingshadow  Respond to of 8752
 
Volume on QQQQ today almost 168 million shares, a big volume day. Same story on the other indexes, with triple-digit losses on the Dow again. All indexes are at the low of the year, below their 200 sma.

But check out the volatilities:

stockcharts.com[w,a]daclyyay[dd][p][vc60]&pref=G

stockcharts.com[w,a]daclyyay[dd][p][vc60]&pref=G

and the put/call:

stockcharts.com[w,a]daclyyay[dd][pb20][vc60]&pref=G

That is panic if I ever saw it....doom and gloom, apocalypse now.

THAT'S what you want to see at a market bottom!!

T



To: Gush who wrote (7817)4/15/2005 10:24:30 PM
From: Gersh Avery  Read Replies (1) | Respond to of 8752
 
Mr Market has this habit of humbling everyone.