Dec out of the money call options on SPY, IWM, FAS, BAC, C, FDX, IBM. Bought them 2 weeks ago, reducing positions by amount of gains. And you?
Many gopers now claim they are 'independents". They are so ashamed. They got most things wrong. Now they are suffering.
we were wrong as usual. lets come up with some other garbage.
I think it is very likely that we get to at least $16 assuming that there is resolution to the pending legal issues.
No technical analysis user has become a millionaire.
The close tomorrow depends on the NFP number and the actions of the Fed.
Looks like IWM is leading the charge down. Other indexes will follow. I don't buy the "rotation" story because all the indexes are way overbought. Expect SPY to have down week next week and register 2-3 more down weeks in November.
Month end buying as well. Good chance we hit 180. Buying more SPY 180 Nov and Dec calls on any dip on Monday or Tuesday.