In no way am I saying it is possible to predict a dramatic drop such as friday, still the pigmen leave tracks and droppings. But, I doubt any of these people who are scratching their heads look at a daily chart every day and weekly charts. How about keeping an eye out for how earnings season kicked off, this time around good news was bad and bad news was bad. (My personal fave is when bad news is good
) MacSums, 10 day p/c's, any number of things to keep track of sentiment.
Homework. Add some new tools to the arsenal ($CPC Put/Call Ratio, $NASI Nasdaq McClellan Chart, $VIX Volatility Index, at stockcharts.com or even http://www.vtoreport.com/sentiment/sentiment.htm , and much more etc)
) MacSums, 10 day p/c's, any number of things to keep track of sentiment. Homework. Add some new tools to the arsenal ($CPC Put/Call Ratio, $NASI Nasdaq McClellan Chart, $VIX Volatility Index, at stockcharts.com or even http://www.vtoreport.com/sentiment/sentiment.htm , and much more etc)