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To: Galirayo who wrote (6561)5/14/2008 4:02:48 PM
From: rcksinc  Read Replies (1) | Respond to of 41419
 
Remember this is Expiration week and price swings are quite normal during this week. The volatility has been below avg. for an OE week.



To: Galirayo who wrote (6561)5/14/2008 7:41:59 PM
From: rcksinc  Read Replies (1) | Respond to of 41419
 
Ray
here is the most recent COT for the spx Big Contracts and the Commercials are seen as the smart money and they have been on the bullish side since the March low.
Their position doesn't argue for real serious down anytime soon, IMO.
Their position points if anything to continued up, allowing for short corrections.

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