The Equity Put/Call Ratio's uptrend from 2008 looks similar to today's uptrend. So does the topping structure in SPX. All we are missing is a rise on hope to SPX 1250-1260 and a final kiss goodbye if history is to repeat.
BTW, I don't write bearish stuff to promote an agenda. When the time comes to be bullish, the majority will be doting on every word the deflationists issue from on high, and I foresee becoming bullish again. Some day.
http://www.biiwii.blogspot.com
http://www.biiwii.com
BTW, I don't write bearish stuff to promote an agenda. When the time comes to be bullish, the majority will be doting on every word the deflationists issue from on high, and I foresee becoming bullish again. Some day.
http://www.biiwii.blogspot.com
http://www.biiwii.com
No comments:
Post a Comment