4 replies to this topic

[denleo]

I just don't see anything that can stop the market here. People talk about recession = this is good for 2 or 3%. If they start talking about depression, we will be at all time highs. I am selling naked puts here. Denleo

[ogm]

[tommyt]

CNBC is just loaded with expert guest after expert guest, commenting on how much volatility there is gonna be in Sept...and how bad Sept's usually are. It feels like most are waiting for the fed's 18th meeting for some sort of " all clear" on a rater lowering, before commiting to the bull camp...not straight up, but up till till the 18th is my take...small pullbak tomorrow/Thurs before the Friday report. I do like the idea of selling naked Sept put Denleo...but, adding on dips only. There is a humungous Sept open interest in puts out there.

[eminimee]

just in case it's an abc.......of what I don't know...not even sure if it's abc...just a heads up

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=1&dy=3&i=p76655272464&a=79672211&r=8063.png

[dharma]

ndx and spx charts above look like an inverse h&s. at some point a test of the neckline will be in order. dharma