The Bear flotilla has docked, and are preparing in the harbour to begin their onslaught.
Hope they are not too hung over!
Target for the day: 40420 (Spot)
K
My banker will come and kiss you if we move to that level.
Enjoy the day all.
Posted 14 January 2014 - 08:23 AM
The Bear flotilla has docked, and are preparing in the harbour to begin their onslaught.
Hope they are not too hung over!
Target for the day: 40420 (Spot)
K
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Posted 14 January 2014 - 08:19 AM
The Bear flotilla has docked, and are preparing in the harbour to begin their onslaught.
Hope they are not too hung over!
Target for the day: 40420 (Spot)
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 14 January 2014 - 07:12 AM
Morning, what a cave in on US markets - Tencent down 0.68% BHP , in Aus down 1.12%
- I think there will be dip buyers on S&P at 1817/19 where is now, futures there up
-- what is envisaged levels for today for T40 / T40F's ??
S&P support comes in at 1814 and 1800 from where it is now (below 1824).
Edited by AJS, 14 January 2014 - 07:15 AM.
Posted 14 January 2014 - 06:41 AM
At the end of Dec-13 there were about 37% of DJ stocks trading at their 52-wk highs... Quite impressive. During Mar-13 to Apr-13 there was a point were almost 47% of DJ stocks were trading at 52-wk highs!
Morning, what a cave in on US markets - Tencent down 0.68% BHP , in Aus down 1.12%
- I think there will be dip buyers on S&P at 1817/19 where is now, futures there up
-- what is envisaged levels for today for T40 / T40F's ??
Posted 14 January 2014 - 05:33 AM
At the end of Dec-13 there were about 37% of DJ stocks trading at their 52-wk highs... Quite impressive. During Mar-13 to Apr-13 there was a point were almost 47% of DJ stocks were trading at 52-wk highs!
Edited by AJS, 14 January 2014 - 05:34 AM.
Posted 13 January 2014 - 09:42 PM
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Posted 13 January 2014 - 09:41 PM
*edit* Oil also now below $92 a barrel. Important level, might head to 1Y lows?!
Edited by AJS, 13 January 2014 - 09:42 PM.
Posted 13 January 2014 - 09:33 PM
Thanks for all the info ajs. With all this info I'm sure that mustang is not far off. Like the way you read the charts.
Cool man, no worries. I love charts!
Will see what happens during the first our or so tomorrow and open another couple of shorts.
Posted 13 January 2014 - 09:31 PM
Posted 13 January 2014 - 09:28 PM
Posted 13 January 2014 - 08:32 PM
Thanks AJS
Sure
Posted 13 January 2014 - 08:32 PM
Sorry, let me elaborate: See how many times the put/call ration found "support" at -1 SD? It is currently quite low, meaning more calls than puts out there. If it turns however...
I'm not even reading the chart,haha. Put/call ration now very low. Close to 1, so it is quite even Stevens.
Posted 13 January 2014 - 08:30 PM
Another interesting chart... S&P relative to put/call ratio.
Sorry, let me elaborate: See how many times the put/call ration found "support" at -1 SD? It is currently quite low, meaning more calls than puts out there. If it turns however...
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 13 January 2014 - 08:15 PM
Another interesting chart... S&P relative to put/call ratio.
Sorry, let me elaborate: See how many times the put/call ration found "support" at -1 SD? It is currently quite low, meaning more calls than puts out there. If it turns however...
Edited by AJS, 13 January 2014 - 08:15 PM.
Posted 13 January 2014 - 08:08 PM
Another interesting chart... S&P relative to put/call ratio.
Edited by AJS, 13 January 2014 - 08:09 PM.
Posted 13 January 2014 - 08:02 PM
Interpretation?
Risk-off... i.e. I see downside from here looking at this graph.
Low VIX signals complacency among investors. Over the course of history, whenever the VIX falls so low it is usually followed by some sell off. I might be wrong though, but that is how I've read the charts I've been looking at.
It (VIX) is inversely related to stock markets. When VIX is very high, market is generally low, when VIX is low market is generally at a high.
*edit* Attached chart shows this inverse relationship.
Edited by AJS, 13 January 2014 - 08:05 PM.
Posted 13 January 2014 - 07:57 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 13 January 2014 - 07:50 PM
VIX is taking it low low.... Something brewing?
Sorry, chart attached now.
All time lows (Dec 22 1993) comes in at 9.31
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 13 January 2014 - 07:35 PM
VIX is taking it low low.... Something brewing?
Sorry, chart attached now.
All time lows (Dec 22 1993) comes in at 9.31
Posted 13 January 2014 - 07:19 PM
VIX is taking it low low.... Something brewing?