thanks bay.
how good is using option data to predict short term market move?
based on some TA signal, it's not very likely to see SPY to move to 91+ soon.
but we do see too much $ on put, to be killed by MM.
The market has been in 870--960 箱型猪市 for nearly 3 months.
Till July OE, still in the piggy case.
1.0.9 $BPSPX $BPCOMPQ golden cross today, but $BPINDU not confirmed.
0.0.3 the gap between $NYADV and $NYUPV is too big. I don't believe the market can go up very high recently. The most bullish case is to reach 95x to make a dual-head pattern on weekly chart. A more likely case is Elliot wave's Expanding (Reverse Symmetrical) Corrective Triangle (counting from June 20 to now).
7.0.7 Expecting a drop tomorrow.
Well, June Quarter OE almost identical to June OE. SPY closed at 92.0 +- 0.1.
$BPCOMPQ stays cross above, but $BPINDU and $BPSPX stay unconfirmed.
Looks like a piggy market till July OE.
So far it seems that SPY likely closes at ~92 again at July OE.
bayliner1979 发表于 2009-6-30 16:40
Unchanged opinion.
Tomorrow SPY OE may close around ~92.5.
Also to all new frogs after I saw a post here: 晃动大的equity(比如3xETF, PUT, CALL),有利MM操纵,是散户杀手。所以万万不能乱玩,更不可以全仓上。
PUT,CALL一定要有保护,控制风险,比如spread,strangle, straddle,否则早晚必中MM的陷阱,逃得了今天逃不了明天。