Archive for March, 2008
Monday, March 17th, 2008
For all of you contrarians out there, check out this 1.50 CBOE Equity Put/Call Ration intraday! Reversal anyone?SHARETHIS.addEntry({ title: "A Case For The Bulls?", url: "http://www.indexoptiontrader.com/blog/2008/03/17/a-case-for-the-bulls/" });
Posted in Equities, General Commentary | No Comments »
Thursday, March 13th, 2008
With the recent lift, albeit possibly temporary, there is no doubt that the SPY is in fact forming a classic double bottom pattern. According to technical analysis, a double bottom is usually indicative of a lift, with the target price being at the distance between the top and bottom of ...
Posted in Equities, General Commentary, Indices | 1 Comment »
Monday, March 10th, 2008
As many of you know, the major indices are at a pivotal, well...pivot. The SPY, IWM and others are in a position to retest the swing lows set in January 08. The SPY is set to retest the 127.50 levels, and the IWM at the 64.50 levels. We may see ...
Posted in Equities, General Commentary | 1 Comment »
Tuesday, March 4th, 2008
I may not be the first to say it, but I certainly won't be the last... it may be time to get long. Reference the image below:
While at first glance this chart looks intimidating, its not. The red and black area indicator is the NYSE Summation Index (A popular (or ...
Posted in Equities, General Commentary, Indices | 1 Comment »
