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Allie


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It's all very logical. We ended Friday at low of day because folks were afraid to hold over the weakend. Today we close at high because the world didn't end this past weakend. Which part am I missing. Oh yeah its SCAM WEEK.

Rich - BOND.

 

Friday they were selling bond and buying stocks.

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Look at any stock that is up big today and you will see big open interest in puts right above the current price. Where is the bright side? This is a big expiration in terms of open interest. Fortunately the last two months have bloated the call side relative to the puts. I would not be suprised to see some heavy selling this week.

very valuable point rog.

 

I said on this place on friday that stoolies should look out today if DAX and CAC40 go below 3000 in the mornning. They didnt. DAX did go to 3029, now is at 3205.

 

the lines for this week are:

DAX, CAC40: 3000

Dow: 8500

NDX: 1000

S&P: 900

 

a monster style battle between shorts and loings will emerge not later then tomorrows p.m.?

 

hope our generalfeldmarschall will give good tactics for tomorrow :lol:

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