Market Outlook

[S2007S]

120.00 SPY120218P00120000 0.14 Down 0.02 0.14 0.15 3,790 458,239


Huge amount of Feb 120 puts bought on the SPY.

 

[newwurldmn]

Quote from GrandSupercycle:

newwurldmn,

Took you off ignore today but don't worry, will put you back on now.
The 'sell off ' refers to a serious sell off when the daily downtrend resumes.
A few points down so far today, does NOT qualify as a sell off.
It saves me time and energy if I use the Troll Filter for the stalkers and sockpuppets.

Goodbye.

How does it feel to have a thread where the only comment you see are your own?

 

[newwurldmn]

Quote from S2007S:

120.00 SPY120218P00120000 0.14 Down 0.02 0.14 0.15 3,790 458,239


Huge amount of Feb 120 puts bought on the SPY.

I see about 15,000 puts traded around the 120 strike. That's not a lot for SPY. You could do 5,000 on the bid in a clip very easily.

 

[GrandSupercycle]

SP500/DOW/FTSE/DAX/CAC/XJO daily charts continue to break down
and USDX weekly / monthly bullish signals increase.
Gold and Silver downleg is expected to gain selling momentum.
http://stockmarket618.wordpress.com

 

[euclid]

Quote from GrandSupercycle:

SP500/DOW/FTSE/DAX/CAC/XJO daily charts continue to break down
and USDX weekly / monthly bullish signals increase.
Gold and Silver downleg is expected to gain selling momentum.
http://stockmarket618.wordpress.com

Wow. More free money! Can I get these calls direct to my phone?

PS I think you forgot to mention the sock troll puppets.

 

[GrandSupercycle]

USD selling returns yet again which supports stocks.

As mentioned previously, direction fluctuation reoccurs due to conflicting time frame trends. This has affected global markets since late 2007 and contributes to the increased volatility.

 

[newwurldmn]

there he is! Time to sell for a few hours at least.

I thought the charts were breaking down? Are they now fixing up?

 

[GrandSupercycle]

SP500 weekly megaphone shows overextended price action hanging in mid air.
Megaphone patterns reflect an unstable market prone to large swings in sentiment.

 

[Nine_Ender]

Quote from GrandSupercycle:

Technical damage on daily charts of global indices is increasingly influential.

Reminder that SP500 monthly chart remains bearish and USDX weekly remains bullish so it’s only a matter of time until the market makes its move.

Reminder what you were posting on December 14th, 2011.
Perhaps you'll update us end of day today on the prices of SP500 and USDX on that date, versus what occurred to them since.

Its now a month and a half since so your monthly analysis can be evaluated on its relative merit. You've been bullish on USDX since August 2010, reiterating that call approx. 200 times on this site.

 

[newwurldmn]

Quote from GrandSupercycle:

SP500 weekly megaphone shows overextended price action hanging in mid air.
Megaphone patterns reflect an unstable market prone to large swings in sentiment.

You draw two lines that touch a few of the points on the chart but ignore vast areas. From that you extrapolate the fact that there will be large swings in sentiment. How do you get this perpetual bearish view is the megaphone patern reflects a market prone to large swings in sentiment.

This type of hypocrisy is what makes a lot of people laugh at you. If there is a good rationale, there will be a lot less laughing.