Archive

Archive for November, 2006

The bulls are killing all our condors!

November 15th, 2006

The condors are simply no match for the bulls. They simply can’t fly high enough to escape the charging bulls.
The SPX made new multi-year high on 14 Nov 2006 and closed at 1393.22. The Dow made new all-time high of 12218 on the same day. The media has been going on about the new record [...]

Market Blog

Revive the bulls…

November 14th, 2006

The SPY opened with a small jump up that was quickly sold off by the bears. The bears kind of seemed to be in control until about 1pm when the bulls wrestled back the stage. And by 2:30 pm, it became clear that the bulls won!
Market internals are amazing. Check out the NYSE advance-decline volume [...]

Market Blog