The spreadbot is sitting long, a debit spread long strike side. I have 8% in this from original 21.5 entry. I also have about 22% within no touch bets. Mostly expiring next week with hits at 1318, 1336 and 1282. GL!
Sell in May and go away this year imo... we're gonna stay flat to slightly up till mid June depending on polls from Greece.
If Germany caves and promises riches to Greece (aka growth/stimulus package to soothe them austerity pains), people in other austerity affected EU countries will revolt to get their piece of the pie.
Thats when crap will really start flying. I'm just guessing, have no idea really.
The leaders of the 8 biggest economies are meeting at Camp David. Obama is their host. This weekend they will not be talking about their militaries/NATO, just economic problems/solutions. The full-blown G8 summit with the military talks comes later in Chicago.
So it's an economic summit.
you will be fine. They said GOOG was going to 0 when it IPOd
G* is the "leaders meeting of the 8 largest economies" They always use magic margin when they talk. Market goes up after they meet. They meet on sat and sundays.