Will the S&P hit 1000 or 700 first?

[sirgiyan]

Quote from B. Rowshan:

We need to see a headfake one way, before we get the directional move the other way.

I Agree, Sir! Today's morning is a good chance of having one.

 

[volente_00]

Quote from B. Rowshan:

I see more of the same this week..

Nice call blowshan, s&p rallied 6% after you opened you yapper monday morning at 815.


YOU ARE THE BEST DAMN FADE ON ET AMIGO !

 

[B. Rowshan]

Quote from sirgiyan:

I Agree, Sir! Today's morning is a good chance of having one.

Thank you sir! Anyone following this great thread has collected an awful lot of call premium as the S&P has churned in its range !

We're doing well so far amigos !

 

[cralison]

I think 1000 will be hited not long.

 

[B. Rowshan]

Quote from cralison:

I think 1000 will be hited not long.

I don't think 1000 will be hited at all. For now, I don't see it being hited thru March, which means selling March S&P 1000 calls is more money in the bank amigo!

 

[B. Rowshan]

I'm looking for a week like late last year when they passed the bailout plan. The market will slowly rise and then tank right after the stimulus is passed.

Selling March S&P 1000 calls is money in the bank!

Take it to the bank amigo$!

 

[shortie]

i was about to report that we reached 850 yet again, but she fell so hard and so fast that she is @ 830.

 

[B. Rowshan]

Quote from B. Rowshan:

I'm looking for a week like late last year when they passed the bailout plan. The market will slowly rise and then tank right after the stimulus is passed.

Selling March S&P 1000 calls is money in the bank!

Take it to the bank amigo$!

Could Rowshan have handed to ET any more on a silver platter?

 

[IanMacQuaide]

It'l hit 700 on the way down to ?!?!

 

[andrewbee]

Quote from IanMacQuaide:

It'l hit 700 on the way down to ?!?!

Extrapolating current trends is tempting and easy, but often wrong.