Glad to hear you are listening. I too have found "marginal happiness" in the markets. You may see alot of short covering this next week. To determine how much covering there will be, you may want to check the open positions on the indices options DIA, etc. to see where max pain is and contrast those positions to where we are now.
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3 Comments:
I love this chart -- it used to be the main reason I used TC2000!
Excellent sentiment indicator
By Ritholtz, at 9:45 AM
Sidney,
Glad to hear you are listening. I too have found "marginal happiness" in the markets. You may see alot of short covering this next week. To determine how much covering there will be, you may want to check the open positions on the indices options DIA, etc. to see where max pain is and contrast those positions to where we are now.
By Mr. Naybob, at 9:51 AM
What is your investing style? Just curious ...
Trader/investor?
Value/Growth?
Technical/Fundamental?
Index Watcher/Individual Watcher?
By Anonymous, at 3:19 PM
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