Gotta love ZERO RISK in the SP500 = $$$

[romik]

Don't see the point of such long term predictions.

BTW Im taking bets, even money, that 2014 lows hold this year, Marketsurfer is on, anyone else is free to join, any amount is fine, let me know if you interested or anyone else for that matter.

I am already Short SPX, so will pass, thanks. My bet is based upon continuation of correction, not on a specific level per se, no new highs until correction is complete.

 

[der_kommissar]

Don't see the point of such long term predictions.

BTW Im taking bets, even money, that 2014 lows hold this year, Marketsurfer is on, anyone else is free to join, any amount is fine, let me know if you interested or anyone else for that matter.

This may become the future of trading...binary sidebets.

 

[S2007S]

long CVOL @ .75

will sell above $.90-$1.00

 

[der_kommissar]

Almost time for Suze Orman and Cramer to scream about not raising rates at the next Fed meeting...oops that already happened.

 

[S2007S]

Long NUGT $2.72

 

[romik]

I am already Short SPX, so will pass, thanks. My bet is based upon continuation of correction, not on a specific level per se, no new highs until correction is complete.

But if I was to suggest a level, then I would have said that 200ma zone on weekly seems like a reasonable target, perhaps even surpassing it a bit (if SPX corrects by 21% it makes target of 1685 , creating some sort of panic in the media followed by a hard rally towards monthly 20ma, which is above current valuation.

Am I being unreasonable?

 

[S2007S]

Sold off about 70% of that position at $8.55 this morning

Sold off rest of the entire position in JDST at $9.72

Now back in NUGT...

Rinse and Repeat!!!

 

[noddyboy]

Sold off rest of the entire position in JDST at $9.72

Now back in NUGT...

Rinse and Repeat!!!

You are so awesome!

 

[i960]

I'm of the opinion that we'll see a face ripping short squeeze before we get the real correction everyone keeps positioning for. Particularly with the "spirit" of this 6 year bull market.

Let everyone else get blown the fuck out first - then get filled at the highs.

 

[romik]

I'm of the opinion that we'll see a face ripping short squeeze before we get the real correction everyone keeps positioning for. Particularly with the "spirit" of this 6 year bull market.

Let everyone else get blown the fuck out first - then get filled at the highs.

Obviously I am biased, but in light of possibility of the above I placed stop above ATH. My eyes tell me it's a bit too late for that sort of rally. Which level you were thinking they may squeeze it to?