out 913.5 long again 909.75- i wish it was easier for me to go with. i think right now we are going to see a 2-day into unemployment slow selloff but not breaking through 900, then numbers will be bad and we'll sell off initially friday but then the bulls will win and rally through, break 940 and give us a +40-55 point s&p day and then open up a bit higher monday to force the shorts to cover before a slow selloff next week.
This open interest thing has been discussed before. I don't understand it. I guess the idea is that the dumb money is the majority so that if there is massive call buying vs put buying the crowd is wrong, is this correct?
Yea I thought maybe greenspan signed up on here long again 909.75- i wish it was easier for me to go with. i think right now we are going to see a 2-day into unemployment slow selloff but not breaking through 900, then numbers will be bad and we'll sell off initially friday but then the bulls will win and rally through, break 940 and give us a +40-55 point s&p day and then open up a bit higher monday to force the shorts to cover before a slow selloff next week.