I sense a rally in the market

attempt #3 :)

last 3 days are exactly same..unreal. i'm looking on IWM right now. the lines are f** identical and parallel to yesterday:)
 
Quote from Bob111:

attempt #3 :)

last 3 days are exactly same..unreal. i'm looking on IWM right now. the lines are f** identical and parallel to yesterday:)
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The way I trade this market is I sell naked PUTs and Call on SPY (out of the money weekly) and I am also long YHOO by selling naked PUTs 16 and cashing more by selling naked 17 calls.
 
Quote from Tsing Tao:

Europe closes, and the algos go into overdrive. Robots forget (or are unable to realize) that Europe will open again.
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There is a strong chance that the global market would recover on Thursday (tomorrow) just because it has been down for many days and then US market will follow that when it opens. Based on this theory, many might get into to US market early (by close today) to be ahead of the game.
 
Quote from hajimow:

There is a strong chance that the global market would recover on Thursday (tomorrow) just because it has been down for many days and then US market will follow that when it opens. Based on this theory, many might get into to US market early (by close today) to be ahead of the game.
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So that's what they were thinking the last three days, too?
 
Quote from Tsing Tao:

So that's what they were thinking the last three days, too?
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No I did not say that. But there is a slight truth to that. Everyday that chance goes higher.
 
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