SPDR S&P 500 (SPY): Yes, Gleno… and as you noticed the...

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Re: GLENO34 post# 49271

Thursday, 05/08/2008 3:37:42 PM

Thursday, May 08, 2008 3:37:42 PM

Yes, Gleno… and as you noticed the Qs are having now a timid UP channel. But the slope of the channel is relatively mild and the internal amplitude of the moves is high. So, who makes money? Neither Bulls, nor Bears but Foxes who sell expensive puts and calls in front of OpExp. I don’t know about Pigs. Do they get slaughtered? Let’s ask Cramer!

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