Gotta love ZERO RISK in the SP500 = $$$

[Rickshaw Man]

Buyyyyyyyyyyyyyyyyy anyone who things the market will close down today is going to be in for a big surprise.....it may turn negative intra day, bit it won't close negative......Just watch.

The fed will panic over Greece and throw out a 2015 hike in this statement.

 

[Rickshaw Man]

BUY THIS DIP..ES NOW AT 2084 BUYYYYYYYYYYYY

 

[romik]

0?

 

[hajimow]

Market is up 35 points now after the announcement. I still believe market will be down big today. Don't forget Greece.

 

[hajimow]

Fed will increase the rate twice this year. The first one cannot be December. It should be September or never.

 

[hajimow]

The jump after the FED announcement was short covering. Then selling by longs will start.

 

[noddyboy]

Market is up 35 points now after the announcement. I still believe market will be down big today. Don't forget Greece.

So far it has been risk on.
IWM>SPY

But at least GDX is up.

You could be right, but to me it is about risk-reward. You sold covered calls on your inverse levered, so no problem.

 

[Covertibility]

Fed Projections

2015 GDP revised down to 1.8 - 2.0 from 2.3 to 2.7

No rate hikes this year.

 

[hajimow]

So far it has been risk on.
IWM>SPY

But at least GDX is up.

You could be right, but to me it is about risk-reward. You sold covered calls on your inverse levered, so no problem.

Market went up after FED as a sign of "Did you see I was right and there was no rate hike?" That is not a good reason for market going up. Valuations, Greece and .... do not justify the market to go up.

 

[Rickshaw Man]

Market always rises after the fed announcement, they run the markets.