We Have Topped

[kivd]

How do you guys interpret the spike in index put call ratio today?
Smart money getting ready for a crash?
Or Dumb money going short?(which would leave room for more rally)

 

[bwolinsky]

http://www.elitetrader.com/vb/showthread.php?s=&threadid=234209

So will this down move come any sooner than 3 weeks later after it has moved higher, SuperCycle?

 

[SimpleTrades]

Quote from bwolinsky:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=234209

So will this down move come any sooner than 3 weeks later after it has moved higher, SuperCycle?

Beau "Bear", don't give this guy a hard time! You just bought into SQQQ again! AAPL has just cost you a bundle in after hours trading.

Where did that high of 2396 go? We're rapidly approaching 2500 now. What about that collapsing Euro?

I guess I was wrong on the DOW 13,000 by the end of 2011. Missed by a month or two.

 

[bone]

Quote from GrandSupercycle:

Looks like SP500 topped yesterday January 23 @ 1,322

No, dillweed. 1370 is your target. Market timing is such a fool's errand. Of course, as you have demonstrated, you reserve the right to change your mind twice per day using broad, macro declarations. You are not correct. The market is correct.

 

[denner]

Quote from bwolinsky:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=234209

So will this down move come any sooner than 3 weeks later after it has moved higher, SuperCycle?

BeauWo,

Didn't you go short right around the beginning of the New Year? I mean for all the talk of 9000 percent returns, I've seen nothing but mediocrity from your publicly tracked system.

Just saying...

 

[trefoil]

Quote from kivd:

How do you guys interpret the spike in index put call ratio today?
Smart money getting ready for a crash?
Or Dumb money going short?(which would leave room for more rally)

Probably 2, given the indices are up ah right now.
Sideways, IMO, is the most likely direction overall for the next little while (like, the next few weeks?) (and probably after Jan 31, since some EOM window dressing is more or less baked in the cake by now). No one is expecting that. If it happens, the Options forum will once again be full of guys talking about their iron condors, at which time of course we'll again fly off in one direction or another.

 

[kivd]

Quote from trefoil:

Probably 2, given the indices are up ah right now.
Sideways, IMO, is the most likely direction overall for the next little while (like, the next few weeks?) (and probably after Jan 31, since some EOM window dressing is more or less baked in the cake by now). No one is expecting that. If it happens, the Options forum will once again be full of guys talking about their iron condors, at which time of course we'll again fly off in one direction or another.

A triangle pattern would be really great right now, like the one after the first greek haircut.

 

[SimpleTrades]

Quote from denner:

BeauWo,

Didn't you go short right around the beginning of the New Year? I mean for all the talk of 9000 percent returns, I've seen nothing but mediocrity from your publicly tracked system.

Just saying...

What??? A little "pot" and "kettl(ing)" on ET surprises you?

 

[GrandSupercycle]

Gold / Silver / SP500 daily charts continue to break down and further downside expected.

Quote from GrandSupercycle 01-24-2012:
Looks like SP500 topped yesterday January 23 @ 1,322

 

[GrandSupercycle]

Quote from bone 01-25-2012:
No, dillweed. 1370 is your target. Market timing is such a fool's errand. You are not correct. The market is correct.

Bone,
Thanks for actually contributing some analysis with your SP500 target of 1370
But why post that emini chart ?
It tells ET readers absolutely nothing.