SI
SI
discoversearch

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 : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: Runomo™ who wrote (39002)3/5/2009 2:58:13 PM
From: rogermci®  Read Replies (1) | Respond to of 207331
 
yesterday:

16:31 C Citigroup Director Roberto Hernandez bought 6 mln shares at $1.17-1.38 on 03/02 (1.13 -0.09)
16:37 C Citigroup CEO Latin America bought 1.5 mln shares at $1.24-1.25 on 03/03 (1.13 -0.09)
16:42 C Citigroup VC bought 100K shares at $1.26 on 03/03 (1.13 -0.09)
16:46 C Citigroup Controller bought 65K shares at $1.45 on 03/02 (1.13 -0.09)

today:

14:31 WFC Wells Fargo Chairman buys 100K shares at $8.05 in transaction today (8.18 -1.47)

Dey all dumbazzs. Don't dey know about da death of equities?

Keep buyin dem calls:
cboe.com



To: Runomo™ who wrote (39002)3/5/2009 11:45:50 PM
From: okavango1 Recommendation  Read Replies (1) | Respond to of 207331
 
From '87 thru '08, the 8-wk mov avg of bullishness has been lower than today's reading (25%) several times:

In fact, every year from '88 thru '93 had a "low" 8-wk mov avg of bullishness < 23%.

So, no record lack-of-bulls here.

In response to Da Cheif's request for today's P/Cs, I would note that raw P/C, 5 and 10 day P/C mov avg's, and several other P/C thingies I measure all read lower (ie, fewer puts than calls) than they did mid-Feb, early & late Jan, late Nov, although we're finally rising here...

IMO, it appears EVERYBODY is gaming lows, sentiment, oversoldness, etc and refusing to believe we go much lower.

Man, who ISN'T looking for a bounce, let alone "the bottom"?