Gotta love ZERO RISK in the SP500 = $$$

S2007S said:
Just to think the dow has moved nearly 1000 points in only 4 trading days.....1000 points. Not 100 or 398 points but 1000 points. Can anyone tell me what has changed in 4 days to warrant a 1000 point jump from Fridays intraday low to today's closing???
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Pretty much the herd overleveraged short...overleveraged long ahead of the FOMC on 9/17...I think that's all about all there is to it...derivatives of derivatives of derivatives...
 
My guesstimate is this week will finish in Claret, SPX trading a tad below 20mma (2,004), but mofo Naz is above it's mma, hence we haven't seen acceleration to the downside.
 
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S2007S said:
Just to think the dow has moved nearly 1000 points in only 4 trading days.....1000 points. Not 100 or 398 points but 1000 points. Can anyone tell me what has changed in 4 days to warrant a 1000 point jump from Fridays intraday low to today's closing???
More...

the near zero chance of an interest rate rise this year.
 
Visaria said:
the near zero chance of an interest rate rise this year.
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agree.
That may keep us green a while longer but is all running on fumes right now..could stop at any minute

I saw that double top as well and watching today to see if it bounces off that line
 
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jobless claims back to norm..means good news is good..bad news is bad again

Fed back in play for Dec..dollar spiking hard...gold crashing a bit..more uncertainty heading in Oct FOMC

ES looking like a down day...Claret :)

Biotech strong yesterday..maybe profit taking today... LABD (48 is always a good buy)

high volatility ..good trading day

maybe we have finally found some resistance to sell
 
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added a bit to PACB this morning, just the shares i took off last night in case of a gap up out of half here at 7.43, free roll on the rest.
 
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