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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 (65641)	10/30/2014 2:38:42 PM
From: Fintas	Read Replies (2) \| Respond to of 219659

Didn't say you did imply. What I stated was an observation and a fact.. The last time that put went from 30 to 88. That's 150% and it took but a few weeks. Meaning they don't have to drop that deep to do well. Another put went from 60 to 134 or 120% What I didn't state is how I can be so sure re the moves.. As for now.. That bet is not a short term bet.. but well into 2015. It suggests there are those who do not see the spx as high as you do in the near term or otherwise they would have just waited for 2168 to lay in.. Yet I'm not selling any core. I am sitting on cash from the JPM sale and waiting for a bargain. I was thinking I'd take a few million of DRYS at a DIME.. WINK. We know my view re GOLD and 1174. It was always conservative. And yup many have been not just myopic but bellicose to any who suggested 1174 or lower. Oh well. So until.. make a million. I put up some data re bp spx..Watch that bp spx number AND the mo spx.. The more they rise..the closer to hitting over head resistance that can not be seen by just looking at the data. Be well Fintas