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Tappy

02/23/14 11:16 AM

#54542 RE: griff #54519

Hi Griff! I'm feeling bearish, as well. But, with all of the tricks that keep being pulled out of the hat, I could very well be wrong. I've been reading about the G20 and am wondering if the Fed will stay its course or if there will be more QE. It will be interesting to see what the futures do tonight.

Thanks so much for the charts - they are great!!! The last chart is confirmation of my thinking - the bottom is going to drop out from under this market that seems to be propped up by air, and sooner rather than later. However, with this crazy market, who the heck knows.

I do have more puts than calls right now - about 2:1. However, about half of each of my accounts is cash so I can be ready for whatever each day has in store.

Hope you are having a great weekend. And, because I am a glutton for punishment, is it a shorts and t-shirt kind of day there? :-p

auroradude

02/26/14 3:17 PM

#54832 RE: griff #54519

Just saw third ascending peak of a megaphone top????


Thoughts anyone?