All the King's Horses and All the King's Men,
Found Humpty had Fallen, and they could not Mend,
Bernoulli Had Spoken through Steveo's odd gaze,
And though the Doomsayers spoke still End of Days,
Put Call doth confirm just a 12% upend
Of this trend.
Volatility sure seems to suggest one ugly mother of a market correction is coming.
ReplyDeleteI am going short.
i thought the market would go higher on good earnings this week.
ReplyDeletethe market is shrugged off good earnings today, so i shorted qqq today, via qid
I don't see any "bullish indicators" but dropping or neutral in the face of decent earnings and increase Euro and Cable is an ominous thing indeed.
ReplyDeleteAlready there
ReplyDeleteHow you liking that free BPT I set you up with?
ReplyDeleteI am enjoying BPT.
ReplyDeleteLots of good trade ideas.
Yep, rather than try to be a soothsayer of the S&P, just pop out 4 to 12% gainers every 3 days or three weeks. They do work 80% to 90% of the time.
ReplyDelete