peterpr said:SPX & DJIA - Highest volume by far since November 2002 on both indices on a .5% - .75% down day !
What does it mean?
??? I´m not a boring person or dull in my mind but I only see bad signs all over the place, independent of what chart I´m looking at. In this one of the Dow I find 9700-9800 within a month or so. All longs getting smoked into OEX in January where we have lots of different buy options and fewer of good put options. I believe we have some nasty weeks ahead of us with sharp and rapid movements in the indices. I´m riding on the short side in Ericsson & AZN selling at supports and reloading at resistance. MM´s don´t like it at all. Adjusting the spread & volatility all day.