Quote from gkishot:
Did you see yourself this rally coming?
Quote from sandygray66:
Oh, come now.....did you really think the thread would last long without any sarcasm? Your arrogance in posts on other people's threads certainly invites it. Besides, the caffeine comment was quite benign.
Arrogant or not, you've got my respect since you called the bottom on that day last Novemenber (I give credit where credit is due).
I'm sure you have a thick enough skin (i.e. strong enough ego) to withstand a comment or two.
So where do we go beyond the picking-the-nose metaphor?![]()
Quote from riskfreetrading:
Principle 5
To determine how wide the price nose will be, go to the options chain, add the ATM call and ATM put prices.
Multiple the result by number 3. That is how wide the price nose will be (a little bit more than that, but practically that is all you need).

Quote from shortie:
i hope this thread is kept alive. not many informative posts on ET as it is.
any thread will have negative and/or unfair comments. this is part of ET. but OP can complain to Mods and have offensive posts removed.
Quote from Marsupilami:
For which time period is the estimated range valid ? A day ? 3 months ?
Looking at the ES, one could have shorted at around 777, should the above rule indicate daily ranges...![]()