Addy 7:45 am on Wednesday, October 18, 2017

SKEW is 150 wow. this…

SKEW is 150 wow. this is the first time I see it reaching this level. This means the market will go down

hcgdavis 7:48 am on Wednesday, October 18, 2017

I sure hope so! One way market is boring and frustrating but anyone short the last few years has had their heads ripped off.
- Addy 8:58 am on Wednesday, October 18, 2017
  
  yes, the market is extended, I wish no one will be hurt if the market decides to go down.
  - Option Iceman 9:10 am on Wednesday, October 18, 2017
    
    It’s not going down ever again 🙂
    - Addy 9:42 am on Wednesday, October 18, 2017
      
      The market is not going back permanently. This market could go down slightly, then continue going up IMHO.
      Interestingly IV starts moving up.
    - fibwizard 9:52 am on Wednesday, October 18, 2017
      
      Agree with Iceman..there are other issues on the horizon that continue to bring money into our mkts…as long as that remains, the mkts will continue to trickle up higher..Daytrade Momentum slashes have quited considerably, but money can still be made to a smaller degree..when your the only game worth playing…you get all the business…
    - hcgdavis 10:35 am on Wednesday, October 18, 2017
      
      This would be a good place to post your BTFD sign….
Jeff 8:07 am on Wednesday, October 18, 2017

The SKEW has meant virtually nothing in all of 2017. It reached 154 in March, its highest ever. It occurred in the middle off a minor pullback. It has been over the 130 level for most of the year, and that used to be a bearish signal. I think it has lost its credibility.
- jsd501 8:10 am on Wednesday, October 18, 2017
  
  I totally agree with you.