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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (82009)10/15/2008 8:49:00 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
The futures sure look chitty this morning as Europe goes
down the crapper. Are we aiming at closing that Monday gap?
I'm actually thinking of playing the long side again. <g>
Da boyz got to save them for Friday, otherwise they all crash.
Now, next week we may get that gap closed on more derivatives
down the crapper. Not sure they can get that rally going
again at the moment <g>



To: GROUND ZERO™ who wrote (82009)10/15/2008 9:10:45 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Actually, I'm not gonna play the long side after looking
at open interest. Lots of currently OOM call interest right
above where we are, which does not bode well for the
risk/reward of that trade unless we tank some more first -g-