To: Wayners who wrote (37005) | 8/27/2012 11:14:11 PM | From: Oblivious | | | GZ and I are here now. He is 2 floors above me. But we are having a Cigar and Louis Tres right now in the Grand Tetons! We hiked 20 klicks up to get at our old spot!!1 |
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To: GROUND ZERO™ who wrote (36992) | 8/27/2012 11:27:14 PM | From: Copeland | | | I hope so. My system needs a strong close under 1395 on the futures to confirm a sell or it reverts back to neutral (actually a buy since it would also confirm that a wave 1 of a minor was also likely starting). This light volume is killing me as it puts the odds firmly in the bull's camp.
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To: Oblivious who wrote (37008) | 8/27/2012 11:35:52 PM | From: Wayners | | | Man I'm so jealous of you, Timmy Oblivious Geitner and Ground Bernanke Zero. Salute and do a Jaeger shot for me! |
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To: GROUND ZERO™ who wrote (36992) | 8/27/2012 11:38:42 PM | From: Challo Jeregy | | | Big Money Turning Extremely Bullish: Najarian
Jon Najarian’s heat seeker is at it again. And whether you’re an options pro or a regular Joe, you need to hear about the activity it's identified.
According to Najarian, big money institutional investors are starting to make massive bets that the market is sharply higher by year’s end.
In one case, “They bought the December 152 SPY [SPY 141.54 0.03 (+0.02%) ] call– that’s a lot of upside,” he says.
Essentially, that’s a bet that the S&P trades at least 1520 by the third week in December.
And the volume associated with the bet is substantial.
“60,000 of the options traded,” he adds. “That’s the equivalent of 6 million shares.”
“And that was with the SPY around 141. That’s huge. Somebody sees a lot of upside and they’re putting a significant amount of money on the table,” he says.
cnbc.com |
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To: Hawkmoon who wrote (37012) | 8/27/2012 11:54:21 PM | From: Wayners | | | It's beautiful. I have free flight coming up. Seriously thinking about flying out there. Never been. |
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