Gotta love ZERO RISK in the SP500 = $$$

[S2007S]

Apple weak again this morning and with Disney off over 5% I'm really surprised to see the futures up the way they are..

 

[Rickshaw Man]

Dollar index at three-and-a-half month high as Fed's Lockhart backs September hike


http://www.reuters.com/article/2015/08/05/us-markets-forex-idUSKCN0Q70Y320150805

 

[Rickshaw Man]

Wow so they drag out a talking fed head to get the markets off support. That's just short covering. Two thirds of the gains came from the overnight futures magic show. It just floated higher on miniscule volume....JUST LIKE I SAID IT WOULD.

 

[Rickshaw Man]

For the next 6 hours................SIDEWAYS..................And at lunch they can say.....AT THE HIGHS OF THE SESSION///////

 

[Rickshaw Man]

From now till September nothing will occur during the US session. Any gains will come from the overnight magic show, just like today. I have seen this for over a decade. Volume will be so light slippage is horrible. Good luck ill check back tomorrow morning. Don't waste your time trying to grab a few points, it's just not worth it.....CIAO!

 

[Rickshaw Man]

Overnight session in yellow

 

[romik]

Short YM, stop just above todays INDU high

 

[romik]

Short YM, stop just above todays INDU high

Covered

 

[FCXoptions]

Covered

Nicely done! I did an ES short (bought puts), but didn't hold it for nearly long enough! I've been looking for a good area to go long, but haven't yet

 

[romik]

Nicely done! I did an ES short, but didn't hold it for nearly long enough apparently! Been looking for a good area to go long, but haven't yet

Thanks. Got lucky. INDU is below 200ma