Nitro, have you figured a way to put psychological factors and holiday weekends into your calculations?
NFV 1084.70. SPX 1031.41. This looks like a close below 1042. Worse, almost no support from here to 1000 ish. Edge is enormous. If you stay up all night, you might catch a few handles, but you have to be extremely disciplined.
ESU0 -8.50 at 1018. That would make SPX ~1023. Assuming we stay at NFV of 1083, that is 65!! under. The financial bill looks like it has the votes to pass. http://www.cnbc.com/id/38027454 China slowing down: http://www.cnbc.com/id/38029718 NFV is holding hard and I expect it to be near 1083 on the open tomorrow. Something is either terribly wrong with NFV, or there is going to be 50 handles to be made soon.
This is also extremely unsettling, but there is no way SIFs are trading on speculation: http://finance.yahoo.com/tech-ticke...-Deepwater-Horizon-Disaster-Destroy-the-Gulf? If the bottom of the ocean ruptures and millions of gallons a day spill into the gulf turning it black, I have no idea when SIFs would stop lock limit down.
there was a guy on 60 minutes a few weeks back building homes in taiwan or thailand with boxcar boxes....,they could weld a bunch of those together end to end ,and side by side to make a rectangular chimney with 2 flews ,one for oil and the other for methane,tall enough to be diffuse the pressure at the point of release ,attatch pipes to the top and draw it out