Daily SP's, Spy's
#1
Posted 14 March 2007 - 08:04 PM
#2
Posted 14 March 2007 - 08:18 PM
gap at 1465 is gonna get filledI have seen many lows come on Wednesday expiry panics during NY lunch over the years. Today P/C was extremely extreme as we came down and tested last weeks overnight lows, filled a gap, tested the SPY's 200 simple and made a -1169 tick at the low. A most perfect set up for a squeeze. A new low tommorow would be shocking and disasterous. In my experience, this set up rarely fails to rally through expiration. A clue would be a gap up which doesn't get filled by 1030 in futures....If that does occur expect to close on the highs, which could be substantial. The unfilled gap is first tgt in June futures about 1419.
#3
Posted 14 March 2007 - 08:24 PM
By Friday? Nice!gap at 1465 is gonna get filledI have seen many lows come on Wednesday expiry panics during NY lunch over the years. Today P/C was extremely extreme as we came down and tested last weeks overnight lows, filled a gap, tested the SPY's 200 simple and made a -1169 tick at the low. A most perfect set up for a squeeze. A new low tommorow would be shocking and disasterous. In my experience, this set up rarely fails to rally through expiration. A clue would be a gap up which doesn't get filled by 1030 in futures....If that does occur expect to close on the highs, which could be substantial. The unfilled gap is first tgt in June futures about 1419.
#4
Posted 14 March 2007 - 09:29 PM
c'mon cheif, when?gap at 1465 is gonna get filled