Friday, April 12, 2013

The Market's Clearly On Viagra...


Once again, the downslide I'd been hoping for failed to materialise - disappointingly, frustratingly, annoyingly.  The only intriguing market action today came from gold, which broke below $1500 for the first time in years.  

There are so many reasons the market should have gone down a lot more, but didn't.  Perhaps the only thing that matters is Money Flow, which remains disturbingly overbought and overextended.  

One of these days, I'll get tired of buying puts and predictably, that's the day the market will knife down as it should have done today.

But I'll keep trying...


-2.28% SBA
-0.22% Roth IRA

-0.16% DJIA
-0.27% Nasdaq
-0.42% S&P 

-0.49% FTSE
-0.90% Eurofirst
-0.47% Nikkei
-0.58% Shanghai
-1.62% SENSEX

-2.68% WTI
-1.19% Brent
-4.91% Gold
-2.65% Copper
+1.23% Corn

-0.97% USD/JPY
-1.06% EUR/JPY

+0.34% DJT
-1.47% VIX



No comments: