S2 Option Trader

[SyndicateTwo]

You should have bought them when I said to. I think it's clearly going to $38 now, which will almost triple our calls. Buying them now? Could make you money, but I think you're too hungry for a trade. Just sit back and wait for the next one.

July looks like some great setups.

Listen to Moe's show from yesterday. He had a guy on that anylizes money flows into the market and the resulting effects. He says that the only guys buying stock over the last 3 months has been institutions and they are all but out of money to buy. What's more interesting is he says companies have been flooding the market with new stock to raise money - $50 bill a week I think he said - and the money flow into the market has only been about $30 bill. So, his research tells him that whenever this imbalance happens, the market typically is down over the following 3 months.

Alot of technicians are saying that if the market doesn't go up next week into month end, watch out below.

Who knows. Personally, I can care less and would actually love to see the market crater. That's the best possible outcome for us as option traders. The Oct low will be a monsterous buying op and a setup for multiple 5 baggers.