Gotta love ZERO RISK in the SP500 = $$$

Hmmmm, even a clean 6% drop would put markets back to where they were just 3 weeks ago!!!
Even if there was a 20% drop it would look like a little blip on a 9 year Dow chart!!


An indicator with a perfect track record just sent a 'powerful' sell signal
  • Investors poured $33.2 billion into stock-based funds last week, another indication that the market may be overheating.
  • Bank of America Merrill Lynch's "Bull & Bear" indicator is sending a sell sign, which has been accurate 11 straight times since the firm started tracking it in 2002.
  • The indicator points to a technical pullback for the S&P 500 to 2,686, which would be about a 6 percent drop from the current level.
Jeff Cox | @JeffCoxCNBCcom
Published 5 Hours AgoUpdated 4 Hours Ago
 



Former market-topping money manager Jeff Vinik says we're in the '7th or 8th inning' of the rally
  • Jeff Vinik shares his market views in an interview Friday on CNBC's "Halftime Report."
  • "Don't fight the momentum right now, but we're probably in the later stages, 7th or 8th inning," he says.
 
jamesblacktrader said:
This is prime time to move up. Bears have blown their load trying to get us down 2 days in a row, and the bulls have recovered each time with complete ease lol.
I think the bears, unable to have gained any ground from their efforts, will be out of ammo today which means the bulls should march ahead without any opposition, making for a nice upmove
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Posted this in the pre market. Worked out nice!
 
pauk said:
Never in doubt.
Out here at 2866 for another +30 points profit
HOWEVER, 2878 is the next guaranteed target. (and I mean guaranteed)
I am just hoping to get in at a better price
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getting the 78 even faster than I thought]
shouldn't have closed it, but there you are
 
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