Why Is The Obvious Not So Obvious?

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J_Smith said:
I found a better graph for OI..it will be very interesting to see if SPY finishes around the 198.50 level tomorrow - I have bought the 201.50 and 201 puts just in case :)

Can't see it going above 201.50 for tomorrows close, but it will be very interesting to see what actually happens?

SPX could see it to 197 on SPY, can't see it going any lower than that..but only time will tell!

Either way they have it around where they need it, little bit down now for tomorrow would be nice :)

If it shoots up tomorrow I will be wondering why and try get an answer from someone!!

J_S

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What software is this?
 
A bit more detective work.

Darkhand said:
Do you successful traders know "the obvious" or is nysestock playing mind games?
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Redneck said:
At the risk of sounding like an ass - yes some do

I predict that most will discount it once it is reveled - which is a shame in itself
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nysestocks said:
As I mentioned previously, a few will indeed know it, but will not say it as they think it will affect their so called "edge"!
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Redneck said:
I know it will not affect my edge one bit - for several reassons

1.) Too hard for most to do
2.) Too many will discount it thinking it too simplistic
3.) Too many do not believe (trust) themselves to act on what they are seeing
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nysestocks said:
It is because THE answer is so simple that it is never discovered by the majority!
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So, the "obvious" is really simple and yet too hard for most people to do.

Hmmm...
 
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