VST we are going up

But there's a lot of call buying. On many different levels. That usually means someone wants to buy, and the market accomodates. It may last a few days, a week, not sure. But with Fed tomorrow, I can almost guarantee 20 SPX point scorch. Btw, I caution against those who listen to other traders on this board. You must do your own trading. For whatever reason, the posts on here have become less than reliable the last few weeks. For myself, I am being honest when I say I remain VST bullish and IT bearish. But that VST bullish may extend into being ST bullish.

the ndx has a gap 100 points up from here...why not?

For whatever reason, the posts on here have become less than reliable the last few weeks.

That's an understatement !

I don't know if there's enough money for that. The latest OCC data suggests the amount of call buying vs put buying by small speculators in the 1-10 contract range is getting close to levels that were near the december top. It would take another week of upside to get there. Today's ISEE is supportive of that, but CPCE isn't.. yet. I do know when there's a lot of call buying, the market drifts up for a bit, which is why I said VST it will accomodate. And I think we are in the stages of building an IT top, though where the exact top is, I don't know. What I do know is there's a lot of people on this board fully short before the Fed, and that's probably looking for an accident. One should always take reasonable protection and position size relative to risk. How does this help anyone trade? Doesn't. About 90% of the posts here are useless. But a man's gotta do what a man's gotta do, based on the data in front of him.

For whatever reason, the posts on here have become less than reliable the last few weeks.

That's an understatement !

Its likely a result of a few people here being azzholes to others. What comes around, goes around. Unfortunately, this game's not for people with weak stomachs or egos.

If you're wrong, you take your loss and move on. People, however, like to grab that big bag of salt to pour on wounds.

i got to believe they will pop the top on the es and clear out the stops to 1415-20 or their abouts....if they run the es 25 points from here then that is a 60 point day on the nq's which would bring us to around 2000 on the nq's or the bottom of the last consolidation point...

somebody...i wont mention names got his @ss handed to him and out his throat now he wants to be condesenting to everyone dont get me wrong..i am as big a cry baby as anyone when the mkt sticks it in my keister..but for crying out loud its been two weeks since he got hammered...move on

About 90% of the posts here are useless. But a man's gotta do what a man's gotta do, based on the data in front of him.

I'd put that at about 30%. There are a number of very talanted traders here and I have benifited from them greatly. They are swinger, NAV, SemiBizz, Teaparty, The End, TheArchitect and a few more that I can't remember.

Thanks guys and please continue to post.

Apollo