The S&P has topped

[Max E.]

2425 SPX by Friday's close....

Yeah i had just posted earlier i think 2420, should be some action through 2400 today.

 

[recession2016]

june is either going to be a big flush or a rocket

 

[tommcginnis]

On March 1,

No top here.

We've been stair-stepping for a Wow!-long period of time. We were due for this, today. The SPX option market has been fat on the top side for 2-3 days. (Not that *I* took that sage advice......)

I wouldn't be surprised of we camped out right here for 10-14 days, and then did another surge.

"10-14 days..." {Pfffft! Snort-snicker-choke-cough....}
Yeahhhhh-hhhhhhh.

Well, regardless, I'm of the same mind: camping out, coiling/ready for a pop. I certainly *don't* like the idea of camping out for (mid-Feb-- now) 3 *months* -- 1-to-2 months has been more typical. ("But so what?") And I certainly don't like how messages of political turmoil ("Trumplethinskin goes to Washington") or macro-economic Pause Button (China AA3-A+ downgrade this morning) seem to be un-affecting. It will be interesting today to see how the FED minutes affect the market... IF they affect the market at all!

Well, I've got 2415s for this week, and 2410s for Jun09. The 2415s have an easy exit to May31 (so far -- but if I wait, "Ewwwww.") and the Jun09 2410s have an easy split to 2420 above, and some mop-up 2320s below. Just stalking when to pull the trigger.
BUT I'M HOPING NOT TO.

 

[propwarrior]

june is either going to be a big flush or a rocket

so you are predicting the market will go up or down. well done.

 

[Eddiemorra]

It'll just keep doing as it's been doing.

 

[recession2016]

so you are predicting the market will go up or down. well done.

i should become a hedge fund manager

 

[propwarrior]

i should become a hedge fund manager

no that would be a bad plan.

 

[ironchef]

june is either going to be a big flush or a rocket

Or stays about the same.

 

[Buy1Sell2]

On March 1,


"10-14 days..." {Pfffft! Snort-snicker-choke-cough....}
Yeahhhhh-hhhhhhh.

Well, regardless, I'm of the same mind: camping out, coiling/ready for a pop. I certainly *don't* like the idea of camping out for (mid-Feb-- now) 3 *months* -- 1-to-2 months has been more typical. ("But so what?") And I certainly don't like how messages of political turmoil ("Trumplethinskin goes to Washington") or macro-economic Pause Button (China AA3-A+ downgrade this morning) seem to be un-affecting. It will be interesting today to see how the FED minutes affect the market... IF they affect the market at all!
View attachment 174063

Well, I've got 2415s for this week, and 2410s for Jun09. The 2415s have an easy exit to May31 (so far -- but if I wait, "Ewwwww.") and the Jun09 2410s have an easy split to 2420 above, and some mop-up 2320s below. Just stalking when to pull the trigger.
BUT I'M HOPING NOT TO.

Postings are a bit on the lengthy side.

 

[speedo]

Postings are a bit on the lengthy side.

Yet amusing...