3 replies to this topic

[VolPivots]

Just covered hedges....I have STRONG doubts (weekly chart and sentiment, etc), but risk:reward with the HUGE gap looks favorable for a trade.

[ogm]

This may be a gap and go big down day. Trend recognition. The action in the futures is pretty extreme. I'd cover some more shorts if we get a big down day, though. Could that be commericials, trying to get out of their record long positions ? I do think that we're about to see some real fear.

Edited by ogm, 26 July 2007 - 06:43 AM.

[VolPivots]

This may be a gap and go big down day. Trend recognition. The action in the futures is pretty extreme.

I'd cover some more shorts if we get a big down day, though.

Could that be commericials, trying to get out of their record long positions ?

I do think that we're about to see some real fear.

Y, could be the 100 year Rich Man's panic of 2007 That's later in the fall......

[arbman]

What's happening this morning is a pretty dismal failure of yesterday night's excitement, imho. This kind of failure will be pretty difficult to stop today probably, but a good bounce will be due probably on Friday since I am pretty sure the P/C will achieve something like 1.5-1.8 today...