Lock Limit Down Posted May 17, 2004 Report Share Posted May 17, 2004 Alexis Glick on Crapvision is on and on about the HUGE Open interest PUTS on the QQQ34 and SPX1075 [if I got that right] on the Option Market...saying earlier that they will have to be closed and of course implying..rally time !!! Tom O'Brian along with Wolanchuck says its a forgone conclusion that we rally into option expiry..so I guess thay agree with Alexis The I-banks are short the puts and therefore they are hedged. If we go lower they add to their hedges, putting more pressure on the market. If we go higher they remove hedges, adding more fuel to a rally. As usual derivatives add to the underlying volatility counter to popular convention. Crapvision should remind their viewers that I-banks and borkers are in the business of collecting the commish. Rog You do a great service to this thread Your posts are so appreciated Link to comment Share on other sites More sharing options...
Guest Posted May 17, 2004 Report Share Posted May 17, 2004 Thanks Rog, I knew they were wrong - ..just was too ignorant to figure it out myself. Link to comment Share on other sites More sharing options...
Dharmaeye Posted May 17, 2004 Report Share Posted May 17, 2004 Bradley pivot day http://www.geocities.com/WallStreet/Exchan...00/SID0304R.gif Link to comment Share on other sites More sharing options...
brian4 Posted May 17, 2004 Report Share Posted May 17, 2004 stop 1090. Link to comment Share on other sites More sharing options...
brian4 Posted May 17, 2004 Report Share Posted May 17, 2004 1080 just fell-the market is now in real BIG TROUBLE! Link to comment Share on other sites More sharing options...
Lock Limit Down Posted May 17, 2004 Report Share Posted May 17, 2004 One ugly looking market right now LOB Link to comment Share on other sites More sharing options...
brian4 Posted May 17, 2004 Report Share Posted May 17, 2004 Window opening now for 75 minutes-Helmets on, buckle up! Link to comment Share on other sites More sharing options...
Guest Posted May 17, 2004 Report Share Posted May 17, 2004 O'Brian is telling his people not to worry as "we are building cause".."the bears will NOT get a hold of this market"......"not enough sellers..doing price down but NOT volume"......"rally from this week into next week" Right now he is arguing with a subscriber about it. Link to comment Share on other sites More sharing options...
rog Posted May 17, 2004 Report Share Posted May 17, 2004 C, Pitybank is dancing around the Nov03 lows. looks fugly Link to comment Share on other sites More sharing options...
Lock Limit Down Posted May 17, 2004 Report Share Posted May 17, 2004 O'Brian is telling his people not to worry as "we are building cause".."the bears will NOT get a hold of this market"......"not enough sellers..doing price down but NOT volume"......"rally from this week into next week" Right now he is arguing with a subscriber about it. I dont follow him but he sounds like he will be saying the same thing at Dow 5000 What will it take for POR to arrive? Link to comment Share on other sites More sharing options...
Lock Limit Down Posted May 17, 2004 Report Share Posted May 17, 2004 They are starting to buy the bond as I expected Link to comment Share on other sites More sharing options...
Lock Limit Down Posted May 17, 2004 Report Share Posted May 17, 2004 PPT has arrived Link to comment Share on other sites More sharing options...
soup Posted May 17, 2004 Report Share Posted May 17, 2004 All eyes clued to the 200 dma. Will all the dippies be rewarded, yet again? Link to comment Share on other sites More sharing options...
Guest Posted May 17, 2004 Report Share Posted May 17, 2004 PPT has arrived MOTHER OF ALL ILLEGALLY TIMED LIES Headlies are now stating that a Sarin Nerve Gas Bomb was discovered in Iraq... it exploded - and no one was injured. uh...I guess there's no evidence left either right? UNBELIEVEABLE Link to comment Share on other sites More sharing options...
Lock Limit Down Posted May 17, 2004 Report Share Posted May 17, 2004 All eyes clued to the 200 dma. Will all the dippies be rewarded, yet again? NFW BWTFDIK We are so overdue for serious down Link to comment Share on other sites More sharing options...
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