cletus wrote:I can't believe Cobra said "bulls were in control" with the VIX at 10. They'll never be in control with those parameters. Those of us on the bear side are cleaning up. NOT WISE.
At 11 am ET bulls were in control
At noon-ish they lost control
It’s all intraday and it moves very quickly. Cobra is very quick, you are very slow
Thank you.
Cletus style always like this: When you say A, he will say, because of B so you're wrong. It's been like this for years.
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cletus wrote:I can't believe Cobra said "bulls were in control" with the VIX at 10. They'll never be in control with those parameters. Those of us on the bear side are cleaning up. NOT WISE.
At 11 am ET bulls were in control
At noon-ish they lost control
It’s all intraday and it moves very quickly. Cobra is very quick, you are very slow
Thank you.
Cletus style always like this: When you say A, he will say, because of B so you're wrong. It's been like this for years.
I eagerly await Cletus’s first post with a chart that adds value to this board.
Let me know if that ever happens, as i have him blocked.
The endless criticism is getting quite tedious
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Today's range so far 16, 20 day average is 12.75. The Average Daily Range estimated low (from Fat Tails indicator) ES 2424.25. It would be a really unusual day if we go much below that level. If I ever get caught up on my chores I will look at 100 days with this indicator and get some decent numbers on how often it hits.
cletus wrote:I can't believe Cobra said "bulls were in control" with the VIX at 10. They'll never be in control with those parameters. Those of us on the bear side are cleaning up. NOT WISE.
At 11 am ET bulls were in control
At noon-ish they lost control
It’s all intraday and it moves very quickly. Cobra is very quick, you are very slow
She just said it, asset values are high by historical standards, but added that there is a lot of uncertainty about that. So a clear message from the FOMC, they are ringing the bell at the top, At least four speakers in two days, including the three heaviest hitters all saying the same thing, followed up with comments on how strong the banks are.
Yellen is just the last to pile on. Super Mario didn't help then Fed's Williams pulled the plug on it by saying market is running on fumes. After years of Bridgewater and company going all in on leverage because of the Fed put it is sounding like the Fed is pulling their put. You know there are major holiday parties in the Hamptons over the long weekend. All the big players will be talking, watch out for the direction next week.
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