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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (64690)	10/3/2014 1:43:00 PM
From: FCom777	Read Replies (2) \| Respond to of 218293

Thanks for the tip ... I'm going to have to learn more about this Time Forward Projection method. Is that a standard technique or is it something you developed? I'm also looking for a downward turn into the close. Really didn't think we would get this high so quickly - but we are already at the 1958-1960 previous support level I mentioned yesterday. Sure didn't take 2 weeks ! Also figure traders will not want to take recently purchased long positions over the weekend and will soon be frantically selling to preserve their profits. SPY 196 puts that expire at the close are selling for 10 cents ... 100 bucks controls 1000 SPY shares at prices below 196 .... just a thought ... I'm already in ...