The S&P has topped at 1150

I wouldn't be so sure to be not sure that we'll not be testing 1150 this week.

 

The above poll helps me believe that we will not re-test.

 

Yeah, going by what the collective brains of ET say is the way to trade. Right.

 

care to amend your collective brain?

Read what I wrote and what you wrote again.

 

Your cumbersome sentence reduces to the logical equivalent of supporting James' position.

 

LOL.

Tomorrow should be an interesting day - as will the rest of the session to the close.

 

I'm gonna sell the February 1150 Calls "naked" on the SPX because someone on ET told me that you can do this and make a nice "credit for a finite amount of risk".

 

based upon what reason?

And what does "I wouldn't be so sure...", mean. Is that like a random guess?

It is a full moon week... so anything IS possible in this volatile market. But I just wondered if you have a reason for your thought.

I tend to believe we do not rally until next week

("tend to believe")


Regards,


ICe

 

Wednesday or Thursday we'll be back up to 1150. Bet on it.

 

Oh, man. Don't say "Bet on it." in a James Stock thread!