Monday, January 1, 2007
It Ain't Over 'Til the Fat Lady Sings
And while I believe the Fat Lady is clearing her throat and will soon belt out a loud tune for Wall Street, there may yet still be some upside left. Being too early with short bets can be hazardous to your health since overbought conditions can linger on even if it defies common sense. Over at Zen's Market Insight's (http://zentrader13.blogspot.com/) they've come up with an interesting write-up on the "options sentiment danger zone" which is worth a look.