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Gap Up to new highs on S&P


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#21 Doug

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Posted 03 October 2007 - 09:49 AM

The futures, the open interest volume, the put/call ratio, the day's volume, the NH/NL ratio and the implied volitility do not support a large gap either way. That can change after 8 AM but as it stands now the SPX should open where it closed and trend gently down in the morning session.

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Not to blow my own horn but it looks like I called it today. :D

Regards,

#22 maineman

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Posted 03 October 2007 - 09:53 AM

The premium went negative at the close.... unless something very positive happens over night, could be a shaky start to the morning (closing premium 7.97 SP)

mm


What am I, chopped liver?

mm
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#23 arbman

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Posted 03 October 2007 - 10:18 AM

Consolidation... so far.

#24 Russ

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Posted 03 October 2007 - 10:30 AM

The premium went negative at the close.... unless something very positive happens over night, could be a shaky start to the morning (closing premium 7.97 SP)

mm


What am I, chopped liver?

mm



Ok...some cheese for you, Hiker, Spielchekr and Doug too. :) Hope I didn't miss anyone!

Edited by Russ, 03 October 2007 - 10:37 AM.

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#25 Doug

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Posted 03 October 2007 - 12:46 PM

Unlike others, I have no ego - thanks, anyway.

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#26 arbman

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Posted 03 October 2007 - 12:50 PM

Low P/C on a down day and high OEX P/C is worse than the last week's low P/C on a low volume rally. Caution...

Edited by kisacik, 03 October 2007 - 12:50 PM.