Just to let everyone know that Anna will be doing a free webinar this Sunday the 25th (tomorrow) at 6pm EST. Everyone is welcome to attend. It’s basically going to be a question and answer session about options. Now is a great time to ask those questions as I think the next few months can make a person a ton of money as this stock market crashes.
Go over to http://www.hotoptionbabe.com and enter your name and email address in form on the right, just a little ways down the page. You’ll be invited then and details of the webinar will be emailed to you. I’ll be there too of course…
Exactly ACP… crash it next week and scare out the last bull, while loading the bus with bears… only to get take out on the rally into October option expiration.
Put/call just hooked back up, it’ll need to peak out first, before they take the market back up. It always turns on a sharp peak, and it’s been just fumbling around until yesterday. There’s time until the EOQ to take it down before pumping it back up. What better way to pull in some quick cash than to wait until the EU “solves” the problem, then tank it? Retail will be jarred out of their positions (and out of their senses) and the smart money will buy in at the bottom.
Crash next week likely BigHouse… then rally hard in option expiration on October 21st. Then end the Legatus Pilgrimage on Sunday the 23rd, and open up Monday the 24th to start Major Wave 3 down.. and the crashing starts all over again! Atilla will be right again I believe.
The Put/Call ratio is a contrarian indicator… meaning that if to many people are buying calls the market is close to a top and will reverse soon. Or, if to many people are buying puts, a bottom is near and a rally will start soon.
But, in this market, there will likely be extremes on both sides. However, October is too far out right now for the market to change directions to make those puts expire worthless. We still have all of next week to crash and then we should rally up into October OPX on Friday the 21st.
Here’s what I think… we tank hard next week and hit my 965 spx target. Then we rally up hard into October the 21st to squeeze out all those bears. The Legatus Pilgrimage ends on Sunday the 23rd (coincidence?), which means that Monday the 24th we start crashing back down again for Major Wave 3! Yeah, the gangsters know how to fool everyone!
Red, Looks like the Oct puts has 4 to 5 times up volume than the average month reading. Would that not indicate a positive month in the markets since most people who bought puts are neg.
Can you please comment on the put to call ratio please.
Hey Red…Looks Like Atilla sent out the following Tweet..” Regular session circuit breaker point for Q3 2011 is 1200 DJIA. THis value is valid throughout the month of September”.
Is that what the calibrators sees… or you? I ask because I see a bear flag forming on the 15, 30, and 60 minute charts… that I think will play out on Monday with a gap down. Then we could rally for awhile I believe.
Possibly the gangsters stage something that would be blamed on Elenin? Again, I think we are NOT going to die, as we are be protected right now. But, the video is still interesting to watch, as the August 18th date he mentions did produce a nice sell off on the market…. will that be repeated on Monday?
S&P 500 Weekend update: http://niftychartsandpatterns.blogspot.com/2011/09/s-500-weekend-update_25.html
Hey gang,
Just to let everyone know that Anna will be doing a free webinar this Sunday the 25th (tomorrow) at 6pm EST. Everyone is welcome to attend. It’s basically going to be a question and answer session about options. Now is a great time to ask those questions as I think the next few months can make a person a ton of money as this stock market crashes.
Go over to http://www.hotoptionbabe.com and enter your name and email address in form on the right, just a little ways down the page. You’ll be invited then and details of the webinar will be emailed to you. I’ll be there too of course…
Red
Exactly ACP… crash it next week and scare out the last bull, while loading the bus with bears… only to get take out on the rally into October option expiration.
Put/call just hooked back up, it’ll need to peak out first, before they take the market back up. It always turns on a sharp peak, and it’s been just fumbling around until yesterday. There’s time until the EOQ to take it down before pumping it back up. What better way to pull in some quick cash than to wait until the EU “solves” the problem, then tank it? Retail will be jarred out of their positions (and out of their senses) and the smart money will buy in at the bottom.
Crash next week likely BigHouse… then rally hard in option expiration on October 21st. Then end the Legatus Pilgrimage on Sunday the 23rd, and open up Monday the 24th to start Major Wave 3 down.. and the crashing starts all over again! Atilla will be right again I believe.
The Put/Call ratio is a contrarian indicator… meaning that if to many people are buying calls the market is close to a top and will reverse soon. Or, if to many people are buying puts, a bottom is near and a rally will start soon.
But, in this market, there will likely be extremes on both sides. However, October is too far out right now for the market to change directions to make those puts expire worthless. We still have all of next week to crash and then we should rally up into October OPX on Friday the 21st.
Here’s what I think… we tank hard next week and hit my 965 spx target. Then we rally up hard into October the 21st to squeeze out all those bears. The Legatus Pilgrimage ends on Sunday the 23rd (coincidence?), which means that Monday the 24th we start crashing back down again for Major Wave 3! Yeah, the gangsters know how to fool everyone!
Red, Looks like the Oct puts has 4 to 5 times up volume than the average month reading. Would that not indicate a positive month in the markets since most people who bought puts are neg.
Can you please comment on the put to call ratio please.
Thank you
Hey Red…Looks Like Atilla sent out the following Tweet..” Regular session circuit breaker point for Q3 2011 is 1200 DJIA. THis value is valid throughout the month of September”.
Is he really expecting a 1,200 point drop in a day before this month is up?http://www.nasdaqtrader.com/trader.aspx?id=CircuitBreaker
Is that what the calibrators sees… or you? I ask because I see a bear flag forming on the 15, 30, and 60 minute charts… that I think will play out on Monday with a gap down. Then we could rally for awhile I believe.
Not that I believe this will happen, as it’s more fear mongering I believe, but the next date of importance for Elenin is September 26th, 2011…
http://www.youtube.com/watch?v=YNCU6SyFMpc&feature=player_embedded
Possibly the gangsters stage something that would be blamed on Elenin? Again, I think we are NOT going to die, as we are be protected right now. But, the video is still interesting to watch, as the August 18th date he mentions did produce a nice sell off on the market…. will that be repeated on Monday?