Buy SP500 @ 1239, sell at close - 1239.02 to be precise

DeepFried · Nov 17, 2005

Quote from Quah:

why would you buy at 1239 only to sell at 1239.02?

I could have worded the thread title better.

DeepFried · Nov 17, 2005

Quote from local_crusher:

Is that you,
rubberbird,jamesstock,romeo ... ?

"You talkin' ta me?"

No. No conspiracies here. Just a relatively new member enjoying the good fellowship here at ET.

Any thoughts on the stock market over the next few days or through the end of the year?

invaliduser · Nov 17, 2005

Buying is always a good choice since this week down is only a slim chance.

DeepFried · Nov 17, 2005

1242.69 - A nice, though modest, rally into the close.

jackbyrd · Nov 17, 2005

Interesting 7 point spike in NQ post cash settlement.

EqtTrdr · Nov 17, 2005

Quote from jackbyrd:

Interesting 7 point spike in NQ post cash settlement.

yes noticed that..

wtf?

Steveyd · Nov 17, 2005

Quote from jackbyrd:

Interesting 7 point spike in NQ post cash settlement.

I suspect QQQQ call writers are getting the squeeze. Max pain way down at $40:

http://www.ez-pnf.com/maxpain/mpb519.htm

jackbyrd · Nov 17, 2005

Quote from Steveyd:

I suspect QQQQ call writers are getting the squeeze. Max pain way down at $40:

http://www.ez-pnf.com/maxpain/mpb519.htm

yes, that is probably the case.

Free Thinker · Nov 17, 2005

Quote from Steveyd:

I suspect QQQQ call writers are getting the squeeze. Max pain way down at $40:

http://www.ez-pnf.com/maxpain/mpb519.htm

hpq beat earnings and popped.