SPDR S&P 500 (SPY): This may sound counterintuitive for put...

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Re: Paul Wall post# 155643

Wednesday, 09/16/2015 7:44:26 PM

Wednesday, September 16, 2015 7:44:26 PM

This may sound counterintuitive for put holders but we want a gap up. More overbought going into the meeting the better. Gap down will leave room for bulls to work with. If we close with a doji tomorrow friday or monday will get the bear relief. Think we tag the 50 before we see this rally sputters

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