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Options
trading resources, advice and commentary
from Lawrence G. McMillan, best selling author and industry
expert.
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Hear
Larry McMillan on Marketview Online Radio, interviewed by
Ike Iossif.
Click here. |
Listen
to Our
Latest Interview.
Click here. |

May 2005 Active Trader Magazine cover and feature interview
with Larry McMillan |
"I have received excellent value
from McMILLAN Analysis. I feel I get a unique perspective
from Larry's work. Over the years I have recommended the DVA
report to dozens of clients and associates. I know many of
them have become subscribers/readers as well. Keep up the
great work."
D. Bennion
"Your Weekly
Take On The Market is the only tool I trust to trade
comfortably in such a perverse game that perpetuates itself
by consuming the unaware quite so efficiently. Admittedly
lacking in greater mathematical stamina to make ongoing use
of seeing into a deeper truth hidden within a market
mechanism, I have grown to rely on how your calm, thoughtful
interpretation of certain contrary indicators reveal the
next meaningful and likely move is occurring just before
being made widely known to even the market itself. Quite an
impressive defense I might add."
A. Lee
Larry McMillan takes the
student into new worlds of technical analysis. In time, one
becomes comfortable with what McMillan calls "the predictive
power of options". And you come to understand that the VIX
and put call ratios can, under certain circumstances,
function as outstanding indicators with respect to stock
market index movements. Thus, the McMillan education leads
to a knowledge far beyond option strategies. The student
comes to see virtually every aspect of the stock market,
from its direction to its rate of price movement, through
the prism of options. And all the while, at every turn, Mr.
McMillan is present as a guide. This man deserves every
ounce of his vast professional recognition. The English
language has a word that best describes Larry
Macmillan......... Teacher.
G. Lenhoff
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In the News
As Seen On
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and others. Click here for
more information.
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Friday,
July 3rd
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This is a Portion
of the FREE Weekly Commentary is a part of
a comprehensive weekly posting for subscribers of The
Option Strategist newsletter. Click
here to receive the full commentary free via email. Click
here
for Testimonials. |
Stock Market
This bear market has shown just how nasty it can be. On
Wednesday, new $SPX closing lows were made -- below the March
and January lows. Then, on Thursday, new intraday lows were made.
The Dow had already violated its lows last week. Selling spilled into
sectors that had previously been strong; in fact, it was nastiest in those
sectors. It was as if hedge funds and other large traders were saying,
"Sell what you can, not necessarily what you want to." This is
certainly a bearish development and opens up the downside for a
whole new leg down, modulo any rallies that might spring up because
of an extreme oversold condition.
The equity-only put-call ratios continue to remain on sell signals.
The slight "wiggle" in the standard ratio last week was nothing to be
concerned about. Even though these ratios gave sell signals back in
late May, they still are not near the tops of their charts. Thus, they are
not in oversold territory.
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Forbes Magazine
Best of the Web Award, 2002 and 2004
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Chicago,
Oct 9, 2001
Lawrence
G. McMillan
Inducted
Into
Trader's
Hall of Fame
more ... |
Finalist
in the "2003 Readers' Choice Awards"
voted by readers of

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UPCOMING
ON-LINE SEMINARS - RESERVE YOUR SPOT TODAY!!! Give your
option trading the professional edge with our new on-line
seminars! For Course Schedules and Outlines Click
Here
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Larry McMillan has authored two
best selling books on Options, including Options As A
Strategic Investment, recognized as essential
resources for any serious option trader's
library.
As president of McMillan Analysis
Corporation, he authors the "Daily Volume Alerts", and
edits and publishes "The Option Strategist", a
derivative products newsletter covering equity, index,
and futures options.
Recognized as an options trading
industry expert, serious investors have relied on his
insights, observations and recommendations for
years. | |
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