With The Perfect Job Report Could Bears Even Hope To Score?
- Thread starter shortie
- Start date
That meeting was announced early last week. That means GS knew about it two weeks ago.
No, this week smells different. I won't go short, but I'm done buying dips until it clears. If i miss one week of upmove, so be it.
I'm looking to short the Aussie. That pig is overvalued and toppy.
Quote from shortie:
since July 94 SPY had 21 runs of 5 or more consecutive positive weeks (820 weeks are in the period studied). we have just had 5 +weeks in a row. one more week and we are really in an exclusive club (in other words, we are more likely to go down and not make it 6 weeks in a row).
Shortie... great posts... I agree. It seems many are bullish because they think this rally will keep going and building momentum in the current uptrend despite overbought conditions. Overall, news flow has not been all great news to justify the current rally. More neutral than anything... with some cooking up numbers. But will the current conditions be good enough to keep the bulls happy next week. If the market does push forward, will we stay sideways for a while.... since the market seems overextended w/ many still without work...
we have lowest volume in 20 days for the second time in the last 4 trading days suggesting a small edge to be short:
http://quantifiableedges.blogspot.com/2010/03/lowest-volume-in-over-month-suggesting.html
http://quantifiableedges.blogspot.com/2010/03/lowest-volume-in-over-month-suggesting.html
equity call put hit 0.43 today. with two exceptions one needs to go to 2007! to see it that low. the exceptions: Aug 21 2009 (1% from a top, 5 days before ~4% drop) and March 09 2010 (which was NOT near the top).
12/20/2007 0.42 level - ~2 days and ~1% from a top, followed by >10% drop.
also interesting 10/31/2007 0.45 level (not as low as today) marks the exact local top followed by ~10% drop.
12/20/2007 0.42 level - ~2 days and ~1% from a top, followed by >10% drop.
also interesting 10/31/2007 0.45 level (not as low as today) marks the exact local top followed by ~10% drop.
Quote from shortie:
equity call put hit 0.43 today. with two exceptions one needs to go to 2007! to see it that low. the exceptions: Aug 21 2009 (1% from a top, 5 days before ~4% drop) and March 09 2010 (which was NOT near the top).
12/20/2007 0.42 level - ~2 days and ~1% from a top, followed by >10% drop.
also interesting 10/31/2007 0.45 level (not as low as today) marks the exact local top followed by ~10% drop.
since 10/2003 we had only 17 cases of equity call put below 0.45 (two of them within the last month). we are talking extreme complacency here.
not all cases mark the tops followed by major sell-offs, e.g. late 2005 and early 2006 lead to sideways action.
We're gonna ring the 1200 bell. Then call it a wrap.
We're reaching an intermediate term time and price target. The confluence of which is interesting. If we melt up holy shit just as historic as The Great Recession. But I doubt it. More likely Sell in May and go away happens a couple weeks early.
Shortie you're a trooper--lesser traders would have given up the short thread 100 points ago.
We're reaching an intermediate term time and price target. The confluence of which is interesting. If we melt up holy shit just as historic as The Great Recession. But I doubt it. More likely Sell in May and go away happens a couple weeks early.
Shortie you're a trooper--lesser traders would have given up the short thread 100 points ago.
40B of 3 yr Note - 04/06/10
21B of 10 yr Note - 04/07/10
13B of 30 yr Bond - 04/08/10
The schedule and other data can be found here:
http://www.treasurydirect.gov/RT/RTGateway?page=institAnnceRes