Looking at the August 128 spy put… Seems a bit far out, and pricey for that far out as well, but i’m thinking it should still move with a sell off after news hits the public
Closed a silver put at the close yesterday, just in case we did pop up, which we did as you assumed, but silver still got hit hard for some reason,… and just closed a spy 136 put about even. I’ll wait until Bernanke speaks, or i see another big pop up before shorting…
Not too sure if silver will get hit much harder if it doesn’t correcto before he talks
In case everyone hasn’t figured it out, there will be NO QE3 from today’s FOMC meeting. Sure, it’s eventually coming but not today. While we should get a pop out of it I don’t expect much more on the upside.
“IF” they actually do take it to the 1405-1415 zone then that would be one very good shorting spot. I’m having my doubt on that target though, but it’s still a remote possibility. We do however know that we are very close to a big move down as insiders are selling already (according to this article emailed to me from ZeroHedge)
WOW! A little panic going on here I’d say!
SILVER in a Range:
http://niftychartsandpatterns.blogspot.in/2012/08/silver-in-range_1.html
a month old, but still nice to see
http://itmakessenseblog.com/2012/06/18/global-elites-thrown-out-of-iceland-iceland-dismantles-corrupt-govt-then-arrests-all-rothschild-bankers/
i’m still thinking they might do the false flag to really drop this market hard and quick
Nice catch Tim… Thanks.
Most FOMC days are bullish Anthony. I’d wait until tomorrow or at least the close today to see what happens. There will be wild swings both ways.
Buddy Bill has been seller all thru the ramp
http://www.finviz.com/insidertrading.ashx?oc=902012&tc=7&b=2
Looking at the August 128 spy put… Seems a bit far out, and pricey for that far out as well, but i’m thinking it should still move with a sell off after news hits the public
Closed a silver put at the close yesterday, just in case we did pop up, which we did as you assumed, but silver still got hit hard for some reason,… and just closed a spy 136 put about even. I’ll wait until Bernanke speaks, or i see another big pop up before shorting…
Not too sure if silver will get hit much harder if it doesn’t correcto before he talks
In case everyone hasn’t figured it out, there will be NO QE3 from today’s FOMC meeting. Sure, it’s eventually coming but not today. While we should get a pop out of it I don’t expect much more on the upside.
“IF” they actually do take it to the 1405-1415 zone then that would be one very good shorting spot. I’m having my doubt on that target though, but it’s still a remote possibility. We do however know that we are very close to a big move down as insiders are selling already (according to this article emailed to me from ZeroHedge)
http://www.zerohedge.com/news/visualizing-todays-last-second-60000-e-mini-contract-wipe-out