Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.
Sunday, January 2, 2011
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the fear factor indicator shows too much fears at the year end market close, often warrants a market rally.
it might need some time to relieve the low level reading of the indicator (it's an inverse contrarian indicator).
a gap up was expected and reported to private members at the market close on Friday...
will check more in the morning.