Get App Open
In App
Open App
Silver Member

3819 Messages

Good morning and qelcome to a new series. First up global cues. The S& P is now hitting crucial levels...with a confluence of resistance levels at 4020 to 4110 range...any indecisiveness here is vulnerable for a sell of closong above 4110 will give comfort to bulls. The Vix is near 20 and everytime it has hit 20 thr mkt has reversed dramatically. the knoy two positive cues for thr global rally...the dollar just not breaking out into a rally and then the fact tht everybody is expecting a rally towards the end of the yr...who knows what surprise is in store...but my sources tell me that there are enuf bears waiting at the 4110 level to hit it down and even more waiting to pile on once 4000 is broken on close. Regarding us, i see two things probably panning out here...Obscenely high percentge of longs and low Vix is a dangerous watch out. IT has been notoriously It might be a case of aector rotation whilst banknifry cools down a bit and IT takes a bear I am still optimistic. but i said, this rally is purely sentiment driven, and you can never predict when or wht chnges the sentiment, but one thing is for sure...pure maths dictates thst the farther away from fair value you go in a sentiment driven rally ( or fall) the better the odds of a contrarion trade playing out. So yes, while puts are cheap, there is a reason for it. My recomm, if you have just bought a put the last couple of days like i not add now, wait for the 19k question to be put across...and then take a call ( pardon the pun) on averaging.

8.13 AM Nov 25th
We take the quality of the messages posted on forum as seriously as our articles. Kindly follow our Code of Conduct and refrain from posting any abusive, promotional or gibberish content on forum.
Disclaimer : The views expressed in the forum are the views of the user writing the post, and not that of You agree, by accessing this forum, that bears no liability for any posts on this forum or, any losses suffered by following any advice posted on this forum. operates this real time, open, unmoderated, private forum for users to exchange information and to discuss various investing techniques. or, its personnel do not post anything, or vet the content posted, on this forum. reserves the right to deny service to anyone. You, and not, assume the entire cost and risk of any trading you choose to undertake. You are solely responsible for making your own investment decisions. If you choose to engage in such transactions with or without seeking advice from a licensed and qualified financial advisor or entity, then such decision and any consequences flowing therefrom are your sole responsibility.


Get your own permanent - nickname

Choose your nickname

Your permanent Nickname can be distinct from your username and no one need know the link between the two.