ES -- DX/CL -- isee -- cboe put/call -- specialist/public short ratio -- trinq -- trin -- aaii bull ratio -- abx -- cmbx -- cdx -- vxo p&f -- SPX volatility curve -- VIX:VXO skew -- commodity screen -- cot -- conference board

Friday, April 17, 2009


sold short

using just the technicals i follow, there's a compelling case for a pullback -- diminishing upside momentum, diminishing participation.

chatter has polarized as well -- proclamations of health have grown more exuberant (which is boggling to me given what we're seeing economically) while more skeptical parties have gone black.

UPDATE: from quantifiable edges -- wow.

[W]hat might the Worden 1-standard deviation measure suggest when it gets extremely high? As of Friday it was certainly extremely high. Over 80% of stocks closed at least 1 standard deviation above their 40-day moving average. Worden Bros. maintains data back to 1986 and this is the 1st time the indicator has cracked the 80% level.


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