Options Wonderland

[*~1Best~*]

Good morning, Wonderbuy, futures are down more than I anticipated at the moment.

I also believe that this is due to "light volume" volatility.
Euro markets sold off at the open and stayed down during mid day, nevertheless, need to see confirmations for "sell-off".

Was commenting on "Warning signals" based on breadth analysis after meeting, targets of "DOW 12300, SPX 1400, NASDAQ 2450", stating that further rallies will be setting up for sharper correction.

The recent parabolic price actions are unstable for longer term.

Thanks again.

Have a great day.





http://www.bloomberg.com/apps/news?pid=20601087&sid=avIyRj2KVTRE&refer=home

European Stocks Tumble as Dollar Falls; Daimler, Aegon Slide

By Alexis Xydias

Nov. 24 (Bloomberg) -- European stocks headed for the biggest drop in two months after the dollar slumped against the euro. DaimlerChrysler AG and Aegon NV led a decline by companies that rely most on the U.S. for sales.