No Love for Monetarist Monkeys ~ The Risk Averse Alert

Wednesday, October 29, 2008

No Love for Monetarist Monkeys

Well, what do you think? We've got the most bullish Put/Call ratio since summer, and 62% of OEX open interest on the Call side...


This is coinciding with yesterday's 5-minute RSI surge to a buy-side extreme, today's price-RSI divergence, and a show of no love whatsoever for a bunch of bungling monetarist monkeys...

OEX 5-min

Just don't you worry if things turn sour once again. Hopefully for the sake of bottom being somewhere nearby today's mixed bag, lower volatility treat becomes something of a new trend...

Fast Money
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Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

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