Good night to you red, but it is good morning to me. Just had breakfast over looking the oean. Thanks to the big boys, where I took some of their money to pay for the trip.
I could not stay up till the close, which is 4:00 Philippine time. I managed to get some of my way out the money puts filled. Which surprised me. I bought only enough puts, so that it does not harm me financially if I made an air in judgment. All the best every one.
I don’t know for sure of course, but I really don’t think there is enough bears left at this point… therefore I think we’ll just start falling tomorrow and not stop anytime soon. The bulls should continue “buying the dip” and the bears will still be waiting for it to turn back up and rally to 1300+… which it won’t, and their miss the whole move down.
I’m just wondering right now if too many people think there’s a bull trap going on, which makes me think the rally will ramp up like gangbusters. I mean, 1300 isn’t out of the question, even in a bear market, because the H&S was so tight at the top. Decisions, decisions…
Interesting, adds up to a eleven.
You mean the 119 spy FP from this morning? Here it is…
http://screencast.com/t/hC7J9jzuXLi
Hey Red,where is the FP? Thanks in advance.
Oh… well it’s only 9:30 pm (EST) here, so I’ll be up for another 2-3 hours for sure.
Good night to you red, but it is good morning to me. Just had breakfast over looking the oean. Thanks to the big boys, where I took some of their money to pay for the trip.
Might have a deal:
http://www.zerohedge.com/
Edit: http://www.zerohedge.com/news/we-have-deal
Good night PW… the next few weeks are going to be fun for us bears me thinks 😉
I could not stay up till the close, which is 4:00 Philippine time. I managed to get some of my way out the money puts filled. Which surprised me. I bought only enough puts, so that it does not harm me financially if I made an air in judgment. All the best every one.
I don’t know for sure of course, but I really don’t think there is enough bears left at this point… therefore I think we’ll just start falling tomorrow and not stop anytime soon. The bulls should continue “buying the dip” and the bears will still be waiting for it to turn back up and rally to 1300+… which it won’t, and their miss the whole move down.
I’m just wondering right now if too many people think there’s a bull trap going on, which makes me think the rally will ramp up like gangbusters. I mean, 1300 isn’t out of the question, even in a bear market, because the H&S was so tight at the top. Decisions, decisions…