Gotta love ZERO RISK in the SP500 = $$$

[Rickshaw Man]

Ok it's 2:15 cst. Start looking for a lift off the intraday low. YM now sitting at 17535. I expect it to move up to 17600 by the close.

No sooner than I hit the enter key it took off, went long at 17546. will add if it dips.

 

[hajimow]

Oil down significantly today....over 7%...

Now lets see how long it takes them to lower prices at the pump by about that much....I should be paying under $2.75 this week but I guarantee prices will.still be north of $3.00.....

You are right. If oil drops a lot, gas prices might reluctantly drop a few cents but when crude oil goes up, gas prices go much higher. I believe it is not a free market. It is a "controlled" market.

 

[Rickshaw Man]

You are right. If oil drops a lot, gas prices might reluctantly drop a few cents but when crude oil goes up, gas prices go much higher. I believe it is not a free market. It is a "controlled" market.

You would be 100% correct, free markets in the USA are done. The central bank is stuffed to the gills with our so called free markets. The central bank is now the market.

 

[hajimow]

No sooner than I hit the enter key it took off, went long at 17546. will add if it dips.

Don't chase the market. You will regret in the long term. You will be happy a few times that you did but not overall.

 

[Rickshaw Man]

My strategy is short term.

 

[Rickshaw Man]

17512 was the intra day low in the dow mini futures. Im long 8 at 17544 with a stop under the intra day low.

 

[Rickshaw Man]

17512 was the intra day low in the dow mini futures. Im long 8 at 17544 with a stop under the intra day low.

 

[Rickshaw Man]

All up from here into the close....got to make it look good for the masses.

 

[Rickshaw Man]

And up we go

 

[Rickshaw Man]

Not a chance in hell we close anywhere near the lows.