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Once Again the Smart Money Isn't So Smart

thetechnicaltake's picture




 

This past week the S&P100 options (i.e., the
OEX put call ratio) hit an extreme in that the number of puts exceeded the number
of calls by a wide margin.  The OEX put call ratio is thought to represent
the large money or smart money, and with puts exceeding calls, this is being interpreted by some
as a sell
signal.  After all, why would the "smart money" be looking for
protection?

 

{click on images to make larger}


Smart Money 11.29.10

 

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Mon, 11/29/2010 - 16:35 | 762305 greenewave
greenewave's picture

To find out more about the Imminent Collapse of American Capitalism, watch this video " WIKILEAKS,  QE GAZILLION,  OBAMA'S FAT LIP,  AMERICA DEAD !! at (http://youtu.be/N0fRlwL2pnQ).

by Anonymous

Most likely this is so they can justify censoring the internet.

Your right about the banks, they should have? failed, now they are taking over everything with our money.

Anyway, America has had at least 3 major depressions.

Mon, 11/29/2010 - 16:10 | 762138 Xibalba
Xibalba's picture

fantastisch!

Mon, 11/29/2010 - 15:52 | 762006 Bartanist
Bartanist's picture

Seems that there is the so called smart money that used to be connected and then there are those with the power to actually manipuate the market and choose prices. These real power money manipulators never have a losing day in a quarter.

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