http://hotoptionbabe.com Wed, 10 Mar 2010 10:15:35 +0000 http://backend.userland.com/rss092 en Well, there was no correction on SPX today, after the pullbacks last night and late afternoon failed to go  anywhere. Equities still look ripe for a correction here, but the chance that there will be a strong one before opex is diminishing as we approach opex week. There really isn't much ... http://hotoptionbabe.com/2010/03/10/an-interim-top-is-close-but-the-spx-ihs-may-reach-target-first/ Well, equities have had one hell of a run and the chances are strong that there are new highs coming on those indices that haven't seen them yet, notably SPX, Dow and the Transports. Nothing goes up in a straight line though and there's a rising wedge on the SPX 60min ... http://hotoptionbabe.com/2010/03/08/spx-oil-both-look-toppy-here/ Hi everyone I hope you're having an excellent weekend! It's sunny gorgeous and so nice here in Florida. I had a great weekend and am rested, refreshed and ready to go for Monday. :) Now what is going on here and what can happen going forward.  Now Friday we know what ... http://hotoptionbabe.com/2010/03/07/almost-to-a-double-top/ While the SPX has been chopping around uncertainly for the last three months, USD has been having a very significant rally. Much to the bear community's disappointment given the longstanding inverse correlation between USD and equities, USD has taken back all of the losses since the beginning of July while SPX ... http://hotoptionbabe.com/2010/03/04/usd-currency-pair-update/ Hi Hobsters, sorry it has been a bit since I posted, I am working feverorishly on OBB most of my time, but also would like to at least keep this forum for those of you who are both bullish and bearish and net neutral and want to make $ on ... http://hotoptionbabe.com/2010/03/03/chop-suey-for-youey/ I was shocked to find a beautiful channel on the SPX daily chart last night that encompasses the entire rally since March 2009, with the top and bottom trendlines traced from the November 2008 and March 2009 lows respectively. It has only become obvious with the recent low at 1044, as ... http://hotoptionbabe.com/2010/03/02/the-spx-rally-channel-the-41-day-pivot-cycle/ Well, after the failed bear breakout last week, the downtrend trendline since the January top and the recent broadening descending wedge were both broken in listless trading on Friday: The broken wedge only indicates back to the formidable resistance in the 1112 to 1115 area, which was retested again in overnight ... http://hotoptionbabe.com/2010/03/01/now-the-bulls-get-their-chance/ The simple lesson’s we once knew (By mmTesla) The foundation of price movement as we all know lies in supply and demand. Take the emini, all it is intraday is an auction of who is willing to buy based on sentiment whatever that may be at the time. We have all ... http://hotoptionbabe.com/2010/02/23/a-simple-lesson-by-mmtesla/ Hey everyone, I am rested relaxed and ready to go this week. Now what is in store for us this week. Well it's a toss up there is really nothing to bring us down, so we need to keep a mix of different positions and be light on our feet. ... http://hotoptionbabe.com/2010/02/22/uncle-ben-and-the-dollar-this-week/ I suspect that the coming week will be good to the bears given that we are the top of the current rising SPX channel, but I was saying on Friday morning that I was doubtful about a significant fall on opex Friday, and that Mondays had also been very unkind ... http://hotoptionbabe.com/2010/02/21/bears-dont-like-mondays/