SPDR S&P 500 (SPY): I think this will be Doha 2.0 No dea...

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Re: risk on post# 221657

Tuesday, 11/29/2016 10:07:43 AM

Tuesday, November 29, 2016 10:07:43 AM

I think this will be Doha 2.0

No deal followed by a big dip. That dip then gets bought and oil heads higher in the face of no deal just like it did Doha. I think oil starts a move higher in about 2 weeks... maybe the rate hike punt gets that started.

Just one mans guess. Think equities could follow. Think SPY consolidates in the 210-220 range before new ATH as we head to 2017.

I'm riding my 12/16 spy puts , but slowly buying some FEB 225c. Filled my first handful this morning.

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