The S&P is looking very toppy

I was hoping you could enunciate what you are talking about, mr. stock teacher. Why must we keep our eye on the vix range? And what are the ramifications of it changing?

 

Look at that, the S&P is opening lower! Fading away from the massive resistance at 1150! Someone called 1150 massive resistance!

Quote from me on 1/16/04:

I don't think you can get more precise than that!

I wonder how those 1200 calls are doing!!

 

Since I don't understand risk, should I give the 20K back to the cboe?

 

Tell us what you would have done had the S&P futures "gapped-up" thru the 1140 strike price and opened at 1144.

You obviously have no idea what you are doing since you have FAILED to answer this very important question regarding risk management.

Many people on this board have lost ALL respect for you since you have been unable to answer a very simple question.

 

Hope you covered your naked short call position this morning, James, before the market hands your ass to you on a platter.

 

I think I hear S&P 1200 calling.

 

Yeah, Mav, I am also bullish at this point.

 

toppy... ROFL

not until Greenie and Bushy let it

 

Sure you guys don't want to just mail me your money and cut out the middleman?

 

Seriously, there can't be anyone short this market. It has had like 3 down days in the last 9 months. Is there anyone around here that is really short right now?