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Allie


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Pumping hard on a Monday and the uptick in put activity, could / should be very bearish for the latter part of the week. WHy the hurry to cover all the short puts?

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Whoops!!! Somehow, somewhen, Rich passed the 5,000 milestone mark without my picking up on it. And even after noticing very recently and making note of the fact that he was quite close to that mark.

 

My apologies, Rich, for this oversight :(. And my (belated) congratulations on your achievement along with my appreciation and gratitude for all the good work you're doing in our community :).

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Re: the spx at 904.

 

If you just draw a line on the 15 min. chart connecting the high of the 11th and 12th of Dec. you'll see why 904 is important. :grin:

They already broke through the trendline created by the points you mention. At this point, they are riding that broken trendline downwards. The are sliding down the slope of the trendline.

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