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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (151426)3/21/2009 8:12:43 PM
From: pogohere  Read Replies (2) | Respond to of 313127
 
"It is important that this is a "confidence" model and does not always jive with the actual market."

Yes, exactly. And I too am looking for a rally into April, perhaps with the program referred to here bloomberg.com ["Geithner Puts Finishing Touches on Plan to Revive U.S. Banks"] as an inpetus for positive sentiment. No one wants to believe things in the credit markets are as bad as they are, so there could be quite a run up the "wall of worry," given the amount of money on the sidelines. The McClellan oscillators have been useful so far:
mcoscillator.com
stockcharts.com
stockcharts.com

If there is a rally I will sell my index calls into it and replace them with index puts and gold, silver and energy equities.