good plan

lets see what happens tomorrow. i like pcln long now as well. falling wedge and close to completion

when will it be noticed

there sure is an awful lot of money going into the stock for nothing to happen. especially when you consider the premiums that are on the calls

The gap today is not typical of a gap that you would sell it's close enough at the moment that the market could really go either way .

if you remember most FOMC meetings have a higher vix going into the meeting.

Well it depends if I go short I hope you're right if I go long I hope you're wrong...:)

are u bearish going into the later part of this week?

ha.

i still think december will be the earliest but i could be wrong

and i would assume if greece gets bailed out or is voted to stay in the eu the markets would rally?

this tells me though that if Greece gets bailed out and yellin is dovish on her speech the markets will skyrocket

I really don't like either option

whats his take now?

congrats

agree because i think its possible thursday we drop hard based on a greece announcement that could be bad

last week was an almost exact replica of the last couple days

i'm not sure I just made a post in a private reply to a friend of mine stating all the reasons I think we go higher. so be careful here. i anticipate we go above 4500 on ndx by wednesday and above 211 on spy

out the rest pcln puts for a loss

difficult to salvage on pcln

nolerman i am in on pcln. seen it as well but didnt expect a huge jump in the markets. frustrating to watch a recovery on something that really has no reason to recover

agreed.

yeah i know...scary

i cant find one bit of news that says this market should go higher today. Everything is negative.

im thinking down tomorrow and then tuesday is a transition day and then i think the fed meeting will push the markets back up on wednesday but then on thursday it may hit the fan with greece. this will be a volatile week.

theres no way i can play sy short if futures open up 100 points down.

% is what he said earlier

its hard to time when the rocket fuel is going to run out

yeah but the people also want their pension and everything else. what are they willing to sacrifice to stay?

I think the market will be prepped for run up come Wednesday because were already going to lows that we haven't seen in a while

lol

im somewhat seeingwhat u are seeing ...but not too long ago itwas a rising bullish wedge that failed. soi am skeptical of anything at the moment.

my trouble is i would never hold puts through yellens conference. you know her she will never commit to anything especially if the markets are way down.

also supposedly greece decision is thursday...in or out decision. to me that will be the big market mover.

optimal open monday would be a gap up so i can load puts on ndx.

i agree. my biggest concern is greece for next week but i anticipate that wednesdays press conference will spike markets. then greeces exit will tank them

i am in. although i suck at making multibaggers.

i agree. i am accepting donations at the moment.

im not seeing it either. theres really no pattern that i can see. sometimes down and sometimes up but no smoking gun so to speak.

i think the charts say that monday will be a continuation of down but after that its up in the air. i may very well play tuesday/wednesday green. but there are a lot of concerns next week.

the triple witch and also a greece decision must be made by the 18th. the political party says no compromise and most likely greek exit but 77% of the people want to stay in the eu. it doesnt make sense.

one thing is for sure, there will be a lot of volatility next week.

agreed but the the fomc meeting has some play in all this too. i dont see any major rally till after all this drama disappears. fomc and greece

maybe but you have to considerthat all we got was a deadcat bounce on the markets. i doubt markets rally into the fedmeeting nextweek

catching up with its recent run

paying yourself is the most important thing