SPDR S&P 500 (SPY): It only took 2hrs for them to drop SPY o...

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Re: risk on post# 261439

Tuesday, 04/24/2018 5:51:54 PM

Tuesday, April 24, 2018 5:51:54 PM

It only took 2hrs for them to drop SPY over $5, so yes, a lot can change by Friday. It appears that CAT's investor call started the dumping when the CEO announced that the Qtr, which was HUGE, was likely to be the 2018 best given future expenditures necessary for the Company.

However, I get the feeling that this was purposefully orchestrated to "thin the ceiling" since SPY was struggling to breach 268-270...might be WRONG, but I think there will be a MONSTER BOUNCE tomorrow and Thursday, and SPY will be over 270 by Friday after AMZN's earnings.

I loaded up on AMZN and FB calls...hoping they offset these heavy losses today (my QQQ's dropped from $1.70 to .20)...SMFH!

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