Looks like we are setting up for a recovery high of 940 on the SP Cash index. Markets will have a rough time moving through those leves. Plus, don't we always seem to rally during options expiration week? Time to start adding puts.... BB
wow- you are a genius- not only was this the obvious thing to do- short the news (and the subsequent run-up on panicked covering) yes, nice day for me but i am enthralled by how you were able to come up with that especially the day AFTER the no rate cut and the market sell-off........did you watch it sell off on tuesday and then on wednsday decide that hey the market went down- i think my call is to short it- you should get a job as an analyst or broker- you could make calls like this and when a stock misses earnings badly and lowers guidance, you can be the first to downgrade it the next morning- they sure work hard for their cash, those ANALlysts......... just playing with ya
Hmmm, weird, why not cover them, and then short again at the top??? Although, IMHO, we are close to the bottom, so the shorters who have been making some good $ might have to be very careful very soon. <b> The more shorts are still open, the more volatility we can expect IMHO. </b> Yes, but that volatility may be a bit one-sided.
after your great prediction of "no rate cut-short the market", I thought you would have retired by now. How bout opening up your specific trading records? That's priceless information! What a joke! Vinny
yeah, great call man...you're a true genius. the truth is, everyone here needs to admit they can't predict sh!t....but then again, it's not about predicting anyway........