VIX dbl top approaching - pt2.1

Caution: SPY @142 within next 3 weeks.

Notice the HUGE interest in SPY 142 Puts!

I would suggest we use caution, tight stops, here..Huge GAP needs to fill eventually.

JUST KIDDING....

Thats what the market said today... Just kidding....

Could that little fed news announement be timed any more perfect? An apparent double bottom in the indecies, a double top in the VIX..

You see, this market always pushes both bears and bulls to the extreme..

Watch the market at VIX 22...Its support for the VIX in an apparent bullish chart trend.

I saved comments and headlines from the past 2 weeks...very interesting...

VIX dbl top approaching - pt2

QQQQ Chart - "Are we there yet!?" pt2

There is no "I" in team, but there is a "V" in bottom.

Did you sell everything this morning, ahead of the holiday's?

I like to watch other chat boards this time of year, and review their comments..Most bullish blogs were starting to post shorts, and were fearing the worst in the market, trying to make sense of all the noise (I mean news), while the bears were getting giddy with profits (using the news for the good reasons to be short)..

5 to 1 put to call ratio...man, if that isn't a contrarian indicator...

SMH - Head and Shoulders...Knees and Toes...

QQQQ Chart - "Are we there yet!?"

EWZ..Time to correct..

Telecom ETF - WCPIX

SPY Chart

XLF found support (for now)

If we can hold here, the target is around 33 where I put the circle.. Its a retracement of 38 - 50% from previous high.

CELL Chart

Tough market if you were long this week. I like the price action on this stock. A month ago someone bought 20,000 april call contracts! I am beginning to see why..

SEE my UNH chart...

UNH is running in this ugly market.

Also like DNA, CELL, RMBS, WFR.

WFR Chart...

This solar stock is not extended (whatever that means) like the rest of 'em..

For example, difficult to buy and hold FSLR here after a $50 move!

CSCO Priced to perfection..

DOW INDU - zero line on MACD

The ZERO Line is like "magic".

VIX dbl top approaching

WFR see's "PAR" in its crosshairs

Pull up a chart of WFR. Looks really good...

I still like DNA, UNH.

NEW stocks: ASD, CELL

Very busy right now, will try to post later..

GOOG to $1000?

XLF looking for support $30.70 or $29?

C or si?

This stock is stuck in downward spiral, that seems out of control. I know the financial sector is a terrible place to be right now, but that means the stocks are cheap. Perhaps, too cheap? Just look at the volume this week.