Yeah..what Leroy said..
If it does, you are a genius (Leroy already is based on his avatar) and I will follow every word you say
SPX cash very short term headed
Started by
A-ha
, Mar 12 2007 08:41 AM
13 replies to this topic
#11
greenie
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Posted 12 March 2007 - 10:19 AM
If it does, you are a genius (Leroy already is based on his avatar) and I will follow every word you say
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#12
peregrine
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Posted 12 March 2007 - 10:25 AM
Today is the best chance in the last 5 days, including today, for the bears to do some damage. If, at the close the downside result is mediocre...I would be snugging my stops/hedging on my short sales .Yeah..what Leroy said..
My sense is that if the bears cannot reassert....that positive market breadth subsequently will exceed the mid-Feb MCO highs, and therefore signal the the full-blown bear market will be more distant than many expect.
http://stockcharts.c...h-sc/ui?s=$NYMO
#13
.Blizzard
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Posted 12 March 2007 - 11:00 AM
A mountain of call options have lost their value in this mini crash
So, I think before OEX only put options have a really chance to produce a gain
Besides.... bulls may reload their call options at lower prices
Down we go, IMO
#14
tommyt
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Posted 12 March 2007 - 12:49 PM
there is big open interest on both sides this expiration...the usual call and the mincrash put stuff...the bulk of this is out of the money on both sides...good scenario is like this today...little volatility all week
