Posted by mdschapiro on 18th of May 2012 at 01:48 pm
Yes, it may indicate either that the powers to be that are used
to manipulate opex to their advantage have a lot of internal
weakness or that they quietly own the puts as part of their
preparation for a deflation event.
I remember years ago once they moved the SPX 40 points up in the
last hour of trading... after they scared me of my long.
Yes, it may indicate either
PPO
Posted by mdschapiro on 18th of May 2012 at 01:48 pm
Yes, it may indicate either that the powers to be that are used to manipulate opex to their advantage have a lot of internal weakness or that they quietly own the puts as part of their preparation for a deflation event.
I remember years ago once they moved the SPX 40 points up in the last hour of trading... after they scared me of my long.
bare minimum SPX has got
Posted by matt on 18th of May 2012 at 01:55 pm
bare minimum SPX has got to get over this downtrend line on the 5 min, very tight channel here.
then after that it has to deal with the larger downtrend line on the 15 min
it's Friday, weekend, who wants to hold over weekend etc