The $-weighted SPX P/C was high on Friday and darned little else was.
It foretells a planned moved down. This has been pretty good. I think we could see 786 but that's a loose guess.
I'd also be open to a sharp reversal after the stops are taken out.
M
Sell
Started by
OEXCHAOS
, Feb 02 2009 08:33 AM
6 replies to this topic
#1
OEXCHAOS
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Mark S. Young
Posted 02 February 2009 - 08:33 AM
Mark S Young
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#2
eminimee
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I don't care who's fur is flying...
Posted 02 February 2009 - 08:43 AM
Beware of a possible reversal from ES 802.75 ish.....or SPX 810/811 after the open if it holds....
#3
eminimee
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I don't care who's fur is flying...
Posted 02 February 2009 - 08:55 AM
PS I've got 793 ES below the above numbers and that is a must hold...
#4
ogm
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Posted 02 February 2009 - 09:01 AM
All of these "scary" reversals will be sold brutaly. The market is going down. Every rally will be sold.
#5
cgnx
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Posted 02 February 2009 - 10:18 AM
I love that conviction ogm. Right or wrong. I'm rooting for ya.
If it can be cornered, it will.
#6
OEXCHAOS
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Mark S. Young
Posted 02 February 2009 - 10:39 AM
Beware of a possible reversal from ES 802.75 ish.....or SPX 810/811 after the open if it holds....
Not bad
Mark
Mark S Young
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#7
zoropb
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Posted 02 February 2009 - 10:50 AM
Beware of a possible reversal from ES 802.75 ish.....or SPX 810/811 after the open if it holds....
da T b right on I waited to pop it.
Z
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