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Re: VERITAS77 post# 32448

Sunday, 10/02/2011 6:20:58 PM

Sunday, October 02, 2011 6:20:58 PM

Post# of 365407
what would be ideal for monday is now that we have crossed the 11 k point factor would be a 500 to 600. drop in the dow and a major capitulation hammer. with a 1 day major and drop it would be easy to recover on a strong reversal and if the bulls calendar contracts they would only need to hold em for a few days and then they would get a major reversal. in the meantime you would see the bears make 2 to 300 percent or better on puts.. and realizing this is a reversal they would then be able to pump their gaines into a new bottom level bull market rally.
since we all trade options this is crunching winding slow sideways whinding market is horrible generally 4 options excluding the past week of course were all of the bears made 10 bagger dollars.
in the last 2 weeks we did see a beginning capitulation drop. but the famous p p t stick prop it up. if we simply have a natural free market... supply demand imbalance would be a lot more accurate and puts and calls would give much more clear signals. now you may have to buy a 30 day put or call instead of these incredible weekly's however your odds on continual success would be much greater.
as jimmy bob and upb put it.. we are living in amazing and opportunistic times the fact this whole message was voice activated via google android is proof and is amazing. -V.

It is a puzzling thing. The truth knocks on the door and you say, "Go away, I'm looking for the truth," and so it goes away. Puzzling.

Stop by the ETERNITY board for a contrarian approach to all mattersof life

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