Here's an interesting article predicting the rise of the dollar until the end of June, and then a collapse on it. That would mean a big drop in the market too.
Could be that June will put in a bottom in the market, instead of a top, like I previously stated in my GD2 video?
LOL… There isn't any secret method to it. Some prints play out to the price level forecasted, and other prints only tell the direction the market is going.
Then there are also those prints that are simply late fills and mean absolutely nothing. Picking the real ones out is tougher then it looks.
So if Anna has a secret way to know which one's are the real one's, then she has a friend named Lloyd too. Maybe that's why she won't tell us how she's figuring it out? Hmmmm…
Never underestimate the power of a woman. She's a smart cookie, that's one thing I know for sure…
The VIX is a long way from hitting that false print of 24, but we also have the false print of 1061 that hasn't been hit either? What if neither are accurate?
CPCI (index options put-call ratio) is rather high, which is bearish though we may have to sit through a Tuesday rally.
CPC (total put-call ratio) is crazy high, as not seen since July 2007 and February 2008.
Based on these, I think the low we are looking for is imminent though any Tuesday rally might be quite uncomfy. Good news is that German, French, and Asian markets rallied hearty today but are not looking so hot toward the close. Nikkei closing is a mystery; Yahoo is not showing it.
If the foreign markets fail backtesting Tuesday, then we can hope for a down day, possibly even a gap down at open.
If we do have a lower low soon, as in sub-1000, better liquidate immediately and buy anything long while we're down there, for a day trade. Though I expect a big rally to follow, possibly challenging 1220, it may take a couple of weeks to get it off the ground (following the patterns of '07 & '08). We may languish in the 1075-1100 area for awhile, so it may not be a good idea to buy call options right away. Around OEX might be better.
Here's an interesting article predicting the rise of the dollar until the end of June, and then a collapse on it. That would mean a big drop in the market too.
Could be that June will put in a bottom in the market, instead of a top, like I previously stated in my GD2 video?
http://seeker401.wordpress.com/2010/05/31/cnbc-…
Smarts and her intuition are a deadly combo.
LOL… There isn't any secret method to it. Some prints play out to the price level forecasted, and other prints only tell the direction the market is going.
Then there are also those prints that are simply late fills and mean absolutely nothing. Picking the real ones out is tougher then it looks.
So if Anna has a secret way to know which one's are the real one's, then she has a friend named Lloyd too. Maybe that's why she won't tell us how she's figuring it out? Hmmmm…
Never underestimate the power of a woman. She's a smart cookie, that's one thing I know for sure…
Maybe Anna can shed some light with her secret method.
Yes Newbear,
The VIX is a long way from hitting that false print of 24, but we also have the false print of 1061 that hasn't been hit either? What if neither are accurate?
http://www.screencast.com/users/alphahorn/folde…
The VIX is still a long way away from hitting that false print of 24.
I'm with you Rip…
Not sure I want to go long yet, because of the vix working against you. Maybe a call spread?h
Anna be nimble, Anna be quick; you are something else. 🙂
CPCI (index options put-call ratio) is rather high, which is bearish though we may have to sit through a Tuesday rally.
CPC (total put-call ratio) is crazy high, as not seen since July 2007 and February 2008.
Based on these, I think the low we are looking for is imminent though any Tuesday rally might be quite uncomfy. Good news is that German, French, and Asian markets rallied hearty today but are not looking so hot toward the close. Nikkei closing is a mystery; Yahoo is not showing it.
If the foreign markets fail backtesting Tuesday, then we can hope for a down day, possibly even a gap down at open.
If we do have a lower low soon, as in sub-1000, better liquidate immediately and buy anything long while we're down there, for a day trade. Though I expect a big rally to follow, possibly challenging 1220, it may take a couple of weeks to get it off the ground (following the patterns of '07 & '08). We may languish in the 1075-1100 area for awhile, so it may not be a good idea to buy call options right away. Around OEX might be better.
http://content.screencast.com/users/Annamall2/f…