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http://www.chicagotribune.com/news/sns- ... story.htmlSHANGHAI - China stock investors are about to find out whether a budding equities recovery can cope with the end of a sales ban that's kept an estimated $185 billion of shares off the market.
All seven strategists and fund managers surveyed by Bloomberg say it can, with those respondents expecting regulators to allow major shareholders to sell their investments when a six-month ban imposed at the height of the stock crash expires Jan. 8.
Pasta Boss, Thanks, now I know I am not talking black helicopters anymore! Not that I need personal validation but a real data point from a major source is like seeing a lighthouse when you are in a storm of crazy market values. I keep thinking of those famous quotes from P.T. Barnum and W.C. Fields every time I see yet another " the bottom is in for oil" headline.Al_Dente wrote:OIL and energy debt:
“S&P 500 Energy Corporate Bond Index” was down -8.61% as of 12/28.
“What is even more worrisome is the cost of buying default protection on debt of [Energy] issuers …has doubled during that time.
This indicates an increase in defaults is expected in this sector.
http://www.indexologyblog.com/2015/12/2 ... -5-months/
Cobra wrote:Smart money no huge buying so according to the case 2.) the pullback isn't over? The data is the last week's data though, because this week is a shortened week, so no COT data yet.
How I use the chart:
I don't care what's the logic behind the chart. I found it works in the following two cases:
1.) When market up huge, if I see smart money huge short, best if new record short, then I know a short-term pullback is due soon.
2.) When market down, if I see smart money suddenly rises sharply from very negative value, then I know the pullback was over.
So I only use this chart for the above 2 cases. Besides those 2 cases, it means nothing to me. i.e. the absolute value of this chart means nothing to me, I only care if it rises sharply or drops sharply.
fehro wrote:T2 http://www.worden.com/TeleChartHelp/Con ... rs_T2s.htm Rolling over again to the sell side.
BullBear52x wrote:Fear + Distribution are high buyers beware. Peace!