The pullback should be around the 1310 area Cletus, but we could go up to the 1350 area later on. However, I’m not expecting a new high like you are, but neither of us know for sure what will happen. Either way, I’ll be shorting if we get to 1310 and worry about 1350 later…
New highs coming in August, baby! We’re topping out in the next few days, then maybe a pullback the week or two after that, but nothing too bad, then we’re off to the races for new highs.
i thought those extra-ordinary block trades, only controlled the bid for the next day. i know better now. it’s for more than one day.
there were probably other block trades on lots of other stocks, that day in after hours.. but i don’t have or know of the programming to search them out.
Interesting read:
http://www.zerohedge.com/article/options-based-market-flash-crash-imminent
Here we go again……
Someone sold 18 million spy after hours. at the end 15 min. 22 million was bought to push up and trap bulls.. any comments
Red, you’ve got to save Cletus from the Dark Side.
Madman Ben is not your father!!!
Nice. I like quickies.
Not a white soldier…there was a gap between yesterday and today in both SPY and SPX.
The pullback should be around the 1310 area Cletus, but we could go up to the 1350 area later on. However, I’m not expecting a new high like you are, but neither of us know for sure what will happen. Either way, I’ll be shorting if we get to 1310 and worry about 1350 later…
YEAAAAHHHHHHHHHHHHH!!!!
New highs coming in August, baby! We’re topping out in the next few days, then maybe a pullback the week or two after that, but nothing too bad, then we’re off to the races for new highs.
It’s guaranteed by a couple metrics on sentiment.
So Robert, do you have an “upside” target in mind before this bull falls off the cliff?
Window dressing working as advertised…..
i thought those extra-ordinary block trades, only controlled the bid for the next day. i know better now. it’s for more than one day.
there were probably other block trades on lots of other stocks, that day in after hours.. but i don’t have or know of the programming to search them out.