Friday, April 1, 2011

McC Thurs, Put/call, Moon, Jobs, Lions, and Tigers, and Burnt Bears oh my!

As mentioned before McC was nearly 0 on Thursday, that portends a big move.

Put call is quite high, that is usually not a good sign for bears.

New Moon (no moon) freaks people out, that is Sunday for the new Moon after the Equinox.

News of hiking interest rates by Fed can only be seen as "mis-direction"

Jobs report appeared good

100% cash, except for some long term positions in Gold miner juiors and Nat Gas (i.e. the worst performers of the last year).