Yeah… it scares me too. I'm short over the weekend, and I keep thinking we are going to get a short squeeze… but it hasn't happened yet? Strange… and scary.
C was ~3.80 when I saw the FP. 3.32/3.80 = ~12.5% (sorry… not 15%). IF (big if), SPX goes down same amount that would be 1045 * 0.875 = ~915. HOWEVER, it may not be the whole SPX… it might just be a sector Fake Print? For financials?
Keep your eye's open on all charts, and all news sites for fake prints over the weekend. That last sell off into the close was very bearish. We could gap down hard on Tuesday, and I'd like to know where the bottom is… maybe they will tell us?
Ok, Anna's was too… I had to clean mine out as well. Nothing new, but I'm expecting Tuesday to be down… I'll keep you informed.
BTW my mailbox was full it's now cleaned up.
Yeah… it scares me too. I'm short over the weekend, and I keep thinking we are going to get a short squeeze… but it hasn't happened yet? Strange… and scary.
Red the short side of the trade makes most sense right now, that scares me.
CME, more downside,
http://zstock7.com/wp-content/uploads/2010/07/c…
you are my idle. 😉
C was ~3.80 when I saw the FP. 3.32/3.80 = ~12.5% (sorry… not 15%).
IF (big if), SPX goes down same amount that would be 1045 * 0.875 = ~915.
HOWEVER, it may not be the whole SPX… it might just be a sector Fake Print? For financials?
LISTEN EVERYONE…
Keep your eye's open on all charts, and all news sites for fake prints over the weekend. That last sell off into the close was very bearish. We could gap down hard on Tuesday, and I'd like to know where the bottom is… maybe they will tell us?
i'm at work and nobody's here, I was watching the 5min spy chart. flush….
Holy cow! That's quite a dump on the SPY…