Poolman's Account Talk

I see no way of this market coming back today. Retail Sales where horrible.

I think we will be down Hard today and it will probably be overdone in the short term. From our Bottom in the S&P the very next day we popped back to 800. That is a Huge Gap. Currently we are at S&P 840. I willing to go for the ride which could be until the end of the month. Who Knows. My goal is to get out of January with a Gain.

Vix is getting closer to upper Bollinger Band. Watch the Bollinger Bands on the S&P also.

http://bigcharts.marketwatch.com/ad...le=320&startdate=&enddate=&size=3&lf2=0&lf3=0
 
I see no way of this market coming back today. Retail Sales where horrible.

I think we will be down Hard today and it will probably be overdone in the short term. From our Bottom in the S&P the very next day we popped back to 800. That is a Huge Gap. Currently we are at S&P 840. I willing to go for the ride which could be until the end of the month. Who Knows. My goal is to get out of January with a Gain.

Vix is getting closer to upper Bollinger Band. Watch the Bollinger Bands on the S&P also.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?
symb=vix&freq=1&compidx=aaaaa%3A0&comp=&ma=0&maval=9&uf=8&lf=2&type=16&time=7&style=320&startdate=&enddate=&size=3&lf2=0&lf3=0
Thanks. I meant a bounce for Thurs.--seems I lost a day. Been super busy. Vix looks like it is coming down a bit. Still watching.:)
 
P-man,

Looking at the s&P bottom back in november, there was a little up day on tues, a -5% loss on wed (today?), a -7% loss on thurs (tomorrow), and the big up over 800 on that friday. Which may have been options ex at that time as well, I don't remember. Just suggesting maybe another big down tomorrow and pop on friday?? :)
 
Thanks Everyone. I'm Buying the Fear. Yes, I know we can go lower. I'm

willing to ride. This is the sixth down day. I think we go down >400 today.

100% - S
 
Back
Top