The Down Move Has Started

Discussion in 'Trading' started by riskfreetrading, Jun 9, 2009.

  1. Has anyone looked at skirts for this year?
    An experienced trader friend of mine said of all the TA indicators he has ever read about, the correlation between hemlines and the market seemds the most reliable.
     
    #51     Jun 12, 2009
  2. martymjp

    martymjp

    held my breath for 6 hours......guess the markets aren't listening to your call to dive yet....good thing you had breakfast no feast yet this weekend
     
    #52     Jun 12, 2009
  3. i don't believe the option guys can control the market two weeks before expiration and keep it in such a tight range. my rational is that if the option folks were responsible than we would have seen this type of behavior before many expirations. yet, this is not the case. whom to blame i have no clue. :confused:
     
    #53     Jun 12, 2009
  4. I am interested to know whdther the bulls on this thread have now become bears?
     
    #54     Jun 15, 2009
  5. option writers trade against their position. As delta moves around they adjust how much they're short/long the stock. So they don't control the market, but they influence it :p
     
    #55     Jun 15, 2009
  6. to me it seems the longs show no resistance at all today. what's going to happen EOD?

    [​IMG]
     
    #56     Jun 15, 2009
  7. the slaughter postponed until tomorrow?

    [​IMG]
     
    #57     Jun 15, 2009
  8. LOL! Good pic!

    Are you one of the guys doing the killing on that picture? The guy with the long knive is determined to get a return on his kniving!

    :p
     
    #58     Jun 15, 2009
  9. i am more of a watcher. just hope to lick some of that tasty blood from the ground - good enough for me. :p
     
    #59     Jun 15, 2009
  10. One big down day after months of a rise and weeks of flat ranges may say something but certainly not enough to make a prediction about what the market will do in the coming weeks.

    Trying to be the first one to call the next great fall?
     
    #60     Jun 15, 2009