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"DEATH to anyone guilty of debasing the money"


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Part of the commody traders song goes

 

Silver - tops in January

Corn - down until December

Gentlemen - don't trade oats

Copper - rallies in July

 

Only a general guide, don't trade on a song !!!

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By the way, I think this is working nicely! Bears have a safe haven there, and you all get to vent whatever you want here.

 

Cheers to all! :lol:

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From what I understand, one fund bought back QQQ puts that it had sold earlier. 50K each of Dec 23 (0.25 each) and Sep 23 puts (0.05 each).

 

That i skewing the equity p/c ratio.

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New high

Gruff,

 

Have you noticed any correlation in your charts if the chart makes a new high but the price does not follow?

 

Would that divergence tend to mean that the price will catch up or that your chart would come back down?

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Entered a stop loss to lock in profits for the day.

 

It's so nice to be able to post long or short trading ideas without fear of recriminations. What a relief.

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Gruff,

 

Have you noticed any correlation in your charts if the chart makes a new high but the price does not follow?

 

Would that divergence tend to mean that the price will catch up or that your chart would come back down?

estool,

 

Sometimes the fuctures lead, othertimes, the gruff-o-meter - so using g-o-m divergence is not very reliable, imo. However, where it is useful is in keeping one in a trend. E.g. the fuctures cannot go very far south without g-o-m also breaking down. If fuctures are dropping, but g-o-m not, then it is most likely just a wiggle.

 

success!

gruff

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Gruff,

 

Have you noticed any correlation in your charts if the chart makes a new high but the price does not follow?

 

Would that divergence tend to mean that the price will catch up or that your chart would come back down?

estool,

 

Sometimes the fuctures lead, othertimes, the gruff-o-meter - so using g-o-m divergence is not very reliable, imo. However, where it is useful is in keeping one in a trend. E.g. the fuctures cannot go very far south without g-o-m also breaking down. If fuctures are dropping, but g-o-m not, then it is most likely just a wiggle.

 

success!

gruff

Tanks for the explanation Gruff!

While I'm at it, tanks for the Gruffometer as well.

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Entered a stop loss to lock in profits for the day.

 

It's so nice to be able to post long or short trading ideas without fear of recriminations. What a relief.

if you do that again i'll call da police!

 

:lol: :lol:

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