I keep watching for signs to swing long but i see nothing I like...Sure we are oversold but the put/call still cant budge and it seems most still think we get a big bounce...I would be playing long if we could get the Put/Call up at least above 1.25...but despite being at decade lows, and the tape looking like death, there still is no fear in this market on the side of the longs, or insane greed on the short side...or at least if they are scared they are not buying puts hand over fist for protection or profit...It is troubling to me cause this doesnt bode well for any sustained rally
At least I have had time to practice my scalping skills and drawing pixie stick charts (this is for you photo)...
Anyway nothing really huge to report otherwise...McClellan still has some room to go and i dont feel like getting involved yet...spoos now just a lil below the cash close after dumping all the way to 682...News is horrible and more and more i hear and read things about unfunded pension liabilities...Now that is real bad in the long run...CALPERS rumors I have been hearing for a while...but now pensions all over the US and pension liabilities for publically traded companies...Just more shoes that will likely drop sometime...Will post some articles about pensions and see if I can dig up the bloomy segment i saw today...Later though...writing this chit is depressing me
3 comments:
Bwaaaaaa....
Maybe use me for an indicator. When I dump some of my bulls, means time to buy. If only for a day.
As a market whole, still hearing chit chat about S&P fair value below 600. Sector wise some are closer than others to the destination.
I subscribed to this...where the McClellan charts are coming from.
http://www.decisionpoint.com/
Heck they got McCll for all those below....
NYSE CSO | NYSE (Traditional) | NYSE (Ratio-Adjusted) | NASDAQ | NDX | SPX | OEX | DJIA | SP400 | SP600 | TotMkt
Consumer Disc | Consumer Stpl | Energy | Financial | Health Care | Industrial | Materials | Technology | Utilities
A lot of good stuff all in one spot. One might have to work real hard to get it all on your own. I don't think any new or real elaborate TA stuff. But I think overall well worth it for now.
This is just part of it.
• Decision Point Alert Daily Report
• Daily Market Recap
• Expanded Market Summary
• Earnings Analysis
• W-T-D Market Recap
• Historical Data Files
SPECIALIZED SUB-MENUS
• Intraday Menu
• Rydex Menu
• Straight Shots Menu
• NYSE Common Stocks Only NEW!
SELECTED CHART BOOKS
• Market Indexes & Sectors 6-mo 2-yr
• Currency 6-mo 2-yr
• Global Markets 6-mo 2-yr
• ETF Chart Book 6-mo 2-yr
• S&P Sector Spiders 6-mo 2-yr
• ETF LITE Chart Book 6-mo 2-yr
• Housing-Related Sectors
• Consumer-Related Sectors
SELECTED TRACKERS
• Dow Jones US Sector Tracker
• ETF Tracker
• ETF Lite Tracker
• Dow 30 Tracker
• NDX Tracker
• OEX Stocks Tracker
• 152 Blue Chip Tracker
• Fidelity Select Tracker
• Rydex Tracker
SELECTED INDEX AND INDICATOR CHARTS
MISC OVERVIEW CHARTS
• Intraday Menu
• Selected Indexes - 10-Min Bars
• Straight Shots Menu NEW!
• Popular Indexes
• Begin Index and Sector Tour
• Index & Sector Chart Book
• Currencies
• Global Markets
• Candle Splash
• Interest Rates
• Trend Watch
TREND AND CONDITION CHARTS
• Dow Industrials
• S&P 500
• Nasdaq 100
• Gold
• XAU
• Bond Yield
• Bond Price
• US Dollar
• Crude Oil
• U.S. Oil Fund
• CCI
• CRB
CYCLES
• 4-Year Cycles
• 9-Month Cycles
LONG-TERM CHARTS
• Market Indexes Wk Mo 20-Yr BIG
• Sector Indexes Wk Mo 20-Yr
• Global Markets Wk Mo 20-Yr
• Currencies Wk Mo 20-Yr
• Interest Rates Wk Mo 20-Yr
MARKET INDICATORS
• Advance-Decline 6-mo, 3-yr
• Arms Index (TRIN) Intraday 1-Yr
• Climactic Vol Ind (CVI) 1-yr, 3-yr
• Dollar Weighted Volume
• ITBM/ITVM
• Key Indicator Overview
• McClellan Oscillator 1-yr, 3-yr
• McClellan Volume Osc 1-yr, 3-yr
• Net Breadth and Volume 6-mo, 3-yr
• New Highs/New Lows
• NYSE Member Net Buy/Sell
• Participation Index (PI)
• PMM Percent Buy Index
• PMM/PMO Signal Comparisons
• PMO Analysis Charts
• Put/Call Ratios
• Rydex Menu NEW!
• Rydex Asset Ratio
• Rydex Cash Flow Ratio
• Rydex Asset Chart Books (1-Yr) (3-Yr)
• S&P P/E Range
• Stocks Above 200-EMA
• Swenlin Trading Osc (STO)
• Thrust/Trend Model
• Volatility Index VIX/VXO/VXN/QQV
• Volume Ratios
• Yield Curve
SENTIMENT INDICATORS
• Investors Intelligence Sentiment
• AAII Investor Sentiment
• Wall Street Sentiment
• Gold Sentiment
• Bond Sentiment
• Rydex Menu NEW!
That looks good...I think I will check it out WTH...thanks
I not so sure about this rally, with the banks, ge and ins getting whacked like they are
Farking A market do something please
Treasury back up above yesterdays highs again
Yeah, I'm not buying it either. Nothing more than a day or two. Earl and the Chinese driving it one way and pigs.pk driving the other. When big money decides to play, I guess we'll know. I kicked one deadbeat mutual fund out yesterday, one is going today, and if this continues tomorrow, the last of the mohicans will be gone.
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DOW JONES NEWSWIRES
Assets in money-market funds rose $4.03 billion in the latest weeks as equity markets continued to fall and the seven-day simple yield on taxable funds set another record low, according to iMoneyNet's Money Fund Report. For the sixth consecutive week, the yield came in below 0.5%, dipping most recently to 0.32% from 0.33%. That half-percent mark hadn't previously been breached since IMoneyNet began tracking the measure in 1975. For the week ended Tuesday, total assets in money-market funds rose to $3.824 trillion. Taxable fund assets climbed $4.18 billion to $3.343 trillion, as prime funds saw assets rise $5.11 billion. For such funds, which invest in securities such as commercial paper, institutional investors withdrew $181.7 million while individual investors put in $5.3 billion as people look for safe place to park cash as stocks sit at 12-year lows. Government funds saw $932.6 million of outflows, according to iMoneyNet, as 7-day simple yields dipped 0.01 percentage point each to 0.18% for institutions and 0.10% for individuals. Tax-free funds experienced outflows of $149.4 million as yields rose to 0.4% from 0.38%. Other rates for short-term money-market retail funds were also mixed. The 30-day simple yield on all taxable funds dropped to 0.36% from 0.39% with the same yield on tax-free funds gained to 0.34% from 0.32%. IMoneyNet began tracking tax-free yields in 1981. -By Lauren Pollock and Kevin Kingsbury, Dow Jones Newswires; 201-938-5964; lauren.pollock@dowjones.com (END) Dow Jones NewswiresMarch 04, 2009 14:52 ET (19:52 GMT)
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