Quote from ware:
I do not see the divergences you mentioned -- seems like early March volume was way high, but vol sort of balanced since then.
Can you explain further? Are you expecting weak mkt for a while?
I am seeing very alarming signs of a weak tired market struggling along. Yet it some how keeps plugging higher, thanks to the futures, man what a perfect tool for market manipulation ah yes index futures.
I normally dont do this but I will one time. He is what is alarming and I like using the NYSE for this purpose because it represents a very broad measure.
Over the last two years the index has been chugging along, but the advancing issue that make up that index have not been keeping up , their is a hugh divergence taking place right under our nose.
I am not saying stop buying the dips, because you may miss out on some tremendous opportunities. WHAT I AM SAYING IS THE MARKET IS NOT AS STRONG AS IT APPEARS.
Trade light, trade quick, keep your exposure small.