Thursday, September 23, 2010

EARLY EDITION:

Since I am leaving for a two-week vacation tomorrow, Sentiment results are effective Thursday (as if Friday were a Holiday).Still complacent, but backing off a bit, the AAII Bull/Bear numbers (out on Wednesdays of each week) were 45 to 25.4%; the Inv.Intell., out on Tues.., were not updated yet.
Thursday closes were slightly higher than the week before.
Mutual funds flows were still Outflows - $3.6B with a week lag of data. Bullish % climbed to 62%, getting a bit overbought.

With record numbers of dollars coming out of Money Market Funds, mostly into the crowded trade of short term bonds, anyone who has a minimal knowledge of covered call options and/or an interest in hedging stock market exposure might want to check out: brentleonard.com for an alternative strategy that is low-risk as well as highly rewarding. For those of you wanting more details and actual trading results, a new book is available for $14.95 at Amazon.com: Zero (IN)Tolerance


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Posted by DITMcalls at 1:14 PM

1 comment:

  1. Mike ThomasSeptember 30, 2010 at 11:51:00 AM PDT

    Brent,

    I am writing to ask for your permission to include your posts on
    Investment Strategy and include a link to your blog in our
    directory. We would
    include a link back to your blog fully crediting you for your work
    along with a profile about you listed on Investment Strategy.
    Please let us
    know as soon as possible.

    Mike@InvestmentStrategyTips.org

    Mike Thomas
    Editor-in-Chief
    InvestmentStrategyTips.org

    ReplyDelete

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