so far, the vix divergence correlation from yesterday has indeed led to a strong rally thus far. Lets see if it hold for the day.
That is the question, they say the bottom is determine by the PE Ratio which is not even close to the point it need to go in this recession. The last down turn it dipped a lot further than where it is now! I new nothing about this idea until Mike Swanson made the point about the last 4 or 5 event like this one in the last 100 years. jI can do forward projection but the charting will not open that far into the future. I might have to use a EXCEL style program. refer...... SP 500
Exactly! Not to mention PUT/CALL ratio which is at levels more suitable for tops - meaning people are sooooooo bullish. I expect this to change rapidly with new (final?) leg down coming to theaters near you this month
I post the calls with a time stamp early on during the current session. Judge for yourself if they are accurate you twit. I make no claims about trading results so there is nothing to lie about. Now please go grease up and seek ZZZzzzzzzzzzz in chat .
Yo bloshan Can you update us on how much you lost on those naked calls you sold at 670,680,690,700,710,720,730, and 740 ?