That's what the media is telling you. Who going to believe? The media or your own lying eyes? This market is purely liquidity driven. That's why all market (stocks, bonds, commodities) are moving together. Today they were all down. Inflation is a great excuse, but the real reason for the decline is tighter monetary policy and less foreign investment.
Volente, could you please elaborate further. I assume a abnormally high Put Vs Call ratio would signal a dry up in supply. What price levels do you think the S&P500 will have demand based on these ratios. A short explaination and link to the data would be appreciated. Thanks.
iI actually much prefer the short side & am more of a bear than anything.............................but some of your best trades are in the "swing" from overbought or oversold situations....& it`s is up to us as traders to recognize & capitalize on these situautions. You`re mind is like a parachute................it only works when it`s open!