Pavlov's Traders

I have just arrived from the airport and am not yet oriented but wanted to make two quick observations. The knee jerk reaction has been to buy the dip and investors are doing so. Call buying is extremely heavy and the market has not managed much of a rally. In addition, breadth is quite negative for a flattish day. Based on those two observations I don't believe the buyers will be successful today.

3 comments:

Anonymous said...

Hi Tzachy

Can you please tell me where I can see real-time market breadth ?
( I know where to find market breadth for the previous days, but not real-time )

Tsachy Mishal said...

Scroll down to markets diary
http://online.wsj.com/mdc/page/marketsdata.html

Anonymous said...

Thanks again man !