Hello, Fear

We are finally seeing some fear injected into the market. There have been put buyers all day instead of dip buyers. I believe its better to buy when market participants are fearful, than when they are complacent. We are currently making that transition and I am hoping that by expiration the transition will be complete and I will be completely unhedged. Have a good night.

3 comments:

CP said...

It looks like pretty high *call* buying on the ISE Equities only?

http://www.ise.com/WebForm/viewPage.aspx?categoryId=126

Tsachy Mishal said...

151 is not a high reading.

CP said...

Wow, I do see the ISEE printed at like the lowest level since the day after the flash crash.

CBOE equity was 0.71 which is not crazy high...