- 金币:
-
- 奖励:
-
- 热心:
-
- 注册时间:
- 2006-7-3
|
|
楼主 |
发表于 2009-5-26 09:07
|
显示全部楼层
The Dow 30, likewise, is twiddling around the 12,700 area, waiting for a break in either direction. I am bellying about the market a lot right now, but honestly, if we're still in the midst of a bear market, there is never a better time than now to be gobbling up puts, because in retrospect they will look dirt cheap.
One chart which scares me a bit is the Transports. This has a well-defined inverted head and shoulders pattern. Of course, this pattern isn't exactly at the bottom of a long, multi-year downturn, which would make it exciting for bulls. The pattern is there, yes, but typically these things are explosive after a market's value has been ground down to absurdly cheap levels. In this instance, it may pop, but I doubt it would rise to the 6,000 point level that is suggested by traditional measurement techniques.
Now, a few stocks. I've actually turned bearish on gold. It stinks that the XAU's options are so thinly traded, so I have to stick with stuff like ABX instead, on which I bought puts today. |
|
|
[复制链接]
