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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Dan3 who wrote (246779)5/6/2010 1:47:52 AM
From: patron_anejo_por_favorRespond to of 306849
 
It could happen. A lot of other cracks are appearing, like bullish percentile readings breaking down and giving sell signals in many sectors. We've had 4 clear distribution days in less than 2 weeks, that's a correction at the very least in my book. And maybe more.



To: Dan3 who wrote (246779)5/6/2010 6:10:02 AM
From: Dan3Respond to of 306849
 
The Nikkei has been bouncing around quite a bit. Up 2% day before yesterday, down 3% this AM.

People don't know whether to flee the DOW for the Nikkei or the Nikkei for the DOW....



To: Dan3 who wrote (246779)5/6/2010 2:40:30 PM
From: Dan3Read Replies (1) | Respond to of 306849
 
The puts I picked up on the 3rd just sold - I guess I set the limit price too low...