They Have the Passports to Prove It
So, uh, we have some LEAP options that are older than those Chinese gymnasts. The word on the street is that they would’ve done even better this week, but some of them are still teething. The NYSE $TRIN is around 1.30, a level we haven’t seen since July 29. For context, TRIN readings of 2.00 (0.75) are generally considered to denote oversold (overbought) conditions. TRIN pushed above 2.00 on that date back in July, and the markets moved significantly higher…
Wednesday, August 13, 2008
Comments Off