Gotta love ZERO RISK in the SP500 = $$$

Agreed. There have been enough overnight gap downs in the past month to put a dent in the mantra of just "buy and wait for the gap up". Where the CB intervention is really at its best are on those few really bad down days each month where it looks like it could turn into a mini-crash and then the "buy em ugly" bid comes in...The cleanest no heat longs you will ever see...those are picture perfect for the RM mantra.

 

lets hope Mr shaw ain't long here

 

I'm still trading with the assumption that this is a minor pullback with more OpEx week upside antics in store...itty bitty trendline support hit at around 2090.50...

 

this is profit taking longs, that don't want to gamble any more STEEP PB

disclaimer: i'm short

 

Have not played today. No opportunity's have presented themselves.

 

Some days I just comment, as I have done for over a decade here.

 

i'm holding my shorts till hell freezes over.

MY top is in!

i cover SEPTEMBER

 

Ideally, a few trading sessions before the Fed meeting...

 

i dont care, its over

they been gaming the TA crowd, now reaity sets in

 

Oh look the stock index futures are up....SHOCKER.....remember stock index futures rise overnight 90% of the time, that's a fact people.