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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (4705)5/7/2009 11:41:36 PM
From: da_cheif™  Read Replies (3) | Respond to of 4814
 
not according to investors intel or AAII or timer digest.....and bloggers......and on this thread and hundred of others......find me some bulls.....TT forum is so full of bears its crazy.....capital stool.....ALLALLAN blog....is just the tip of the ice berg.......



To: Don Green who wrote (4705)5/8/2009 3:30:53 AM
From: Walkingshadow  Read Replies (1) | Respond to of 4814
 
Put/call is spiking to very low extremes. 10sma and 21sma are both lower than they've been in over 3 years. The market's gotta take those options players for a ride, the opportunity is almost too good to pass up.

Corroborating that, the NASI is at the highest level in 3 years.

Together, these strongly suggest a powerful downside reversal.