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Investor Sentiment: I Am a Squirrel

thetechnicaltake's picture




 

 

Glenn
Holderreed of Quacera Capital Management and the QPM Radar
 sent
me an email the other day describing the market:

 "Charting this market is similar to tracking
the moves of a squirrel crossing a busy street. Quickly moving to the middle,
no better turn back, no, no, I can make it across, oh no I better go back, shucks
I can make it across. Sometimes they make it, but many get flattened. I think
there are a few flattened in this market."

{To view larger images just click on the graphs}

 

Investor Sentiment 7.25.10

 

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Mon, 07/26/2010 - 09:19 | 488398 Merlin12
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Flat Squirrels still have their place in the ecology.  Buzzard food, and what is left over gets eaten by flies.

Sun, 07/25/2010 - 23:26 | 488172 Akrunner907
Akrunner907's picture

I need some help with market cryptography.  If the information is there, albeit not truly transparent, why is the MSM and others talking up the economy and the markets?  I can draw my own conclusions, but it just seems that information being circulated is very altered. 

Can you technical experts give me some better insight into how pension money is playing into the volatility of the market? 

Mon, 07/26/2010 - 08:13 | 488393 No Mas
No Mas's picture

The MSM is not "talking up" this market.  They are reporting what is happening.  And what is happening is economic growth, not contraction, and HUGE corporate profits in a quarter where the ZH'ers were all assuring us that the world was, if not right now then shortly threrafter, going to end.

The Obama recovery is on.  Get used to it.  If you stay on this site, there will only be  few voices of reason, some subdued and intellectual (Leo) and others quite hyperbolic (moi) that will let you know all is well and will soon be getting better.

I notice Europe, with Greece included, is still standing.  Great banking stress test results, so they must obviously be a fraud per ZH, with manufacturing doing quite well; you might say robust.

Forget about the unemployed; they already have forgotten about themselves.  This has become the most market irrelevant statistic in existance.  Forget about bank closures as Big Ben has all the money anyone is ever going to need and he ain't shy about handing it out.

If the market is your thing, you might want to stay tuned to CNBC and Cramer.  They have a far better handle on things than does ZH.  Because one must understand and accept that it matters not WHY the market goes up; only that it IS going up.  Do you want to read a bunch of articles designed to make you "feel" good about your opinion of this economy or do you want to MAKE MONEY???

As our favorite man of steel would always say - the hell with the naysayers; UP UP AND AWAY!!!!!

Mon, 07/26/2010 - 08:29 | 488401 Merlin12
Merlin12's picture

MSM are "reporting" what the Regime wants us to think is happening. 

As we know from the recent journolist revelations.

You wouldn't happen to be a journolist member, would you?

 

OOooops!   Maybe I missed the   /sarc off    html code at the end of your post, sorry!

Sun, 07/25/2010 - 22:05 | 488080 newstreet
newstreet's picture

With the Cardinal Climax this week and next, be on guard for a"big" move!

Sun, 07/25/2010 - 21:27 | 488039 RockyRacoon
RockyRacoon's picture

Ah, so in the short view the market may go up or down.  Now there's some insight I can use.... to confirm my conviction to stay out of said market.

Sun, 07/25/2010 - 20:39 | 487986 Gold...Bitches
Gold...Bitches's picture


Investor Sentiment: I Am a Nut.

Just trying to survive the storm to spread some roots and grow skyward afterward.

Sun, 07/25/2010 - 20:28 | 487975 pragmatic hobo
pragmatic hobo's picture

road-kill?

Sun, 07/25/2010 - 20:21 | 487968 optionblast
optionblast's picture

It seems that it would be easier trying to figure out whether or not Kim Jong-Il of North Korea plans to destroy the world on this day or not rather that figure out which direction the Markets will head.  I have been trading ever since a cowboy (no not John Wayne) was President and I am convinced now that the Markets are rigged.

However, one key indicator that never seems to fail is the sentiment of the VIX (fear / volatility index) of the S&P which is simply calculated by the summation of a series of Put options on that index going way out of the money on the SPX.  In laymans terms...an inside look in to the purchase of insurance on a possible doomsday scenario. 

Here is an interesting chart on what the October - August VIX (fear indicator) spread is forecasting for the Markets.. 

 

http://chart.ly/eb44a7

 

by the way...found this information about squirrels..

 

Mating Habits

During the mating season which is twice a year, December to January and June to July, a type of chasing occurs.

 The female gives off a scent that attracts males. A line of males can be seen chasing one female. The ones immediately behind her are the more dominant males, and one will probably be allowed to mate with her.

 

  In other words, the Government and Stock Analysts represents the "female squirrel" and  you and I who try to trade these Markets are the "male squirrels".

 

 

 

Sun, 07/25/2010 - 20:44 | 487991 seventree
seventree's picture

This doesn't relate to investing, but I often wonder why after getting run over this way for 100 years evolution has not produced squirrels with a better strategy.

Sun, 07/25/2010 - 22:14 | 488092 malusDiaz
malusDiaz's picture

You Underestimate SQUIrRLES!

 

I would make the text link, but I don't have the option =( 

 

http://www.youtube.com/watch?v=rfh4Mhp-a6U

 

Sun, 07/25/2010 - 19:42 | 487928 CPL
CPL's picture

Awesome.  Momentum plays are gone.  TA means SFA.

 

//back to the I Ching and consulting the bones I suppose.  Maybe double check the magic eight ball.

Sun, 07/25/2010 - 20:44 | 487989 seventree
seventree's picture

.

Do NOT follow this link or you will be banned from the site!