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Strategies & Market Trends : Waiting for the big Kahuna
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To: Roads End who wrote (89746)8/17/2009 9:37:08 AM
From: Real Man1 Recommendation  Read Replies (2) of 94695
 
There are a few things tracking sp500,
including spy, which is for small investors
and for which max pain is higher. In general,
one would have to take them all and average -
Spy, spx, etc., but the general dynamics in
high liquidity environment will be that the
boys win all expirations and take out stops.

In other words, this is not an environment
to expect crashes or new lows. A relatively shallow pullbacks
will be all the bears get.
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