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Post# of 18894
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RCKS

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Re: bbgold post# 18783

Tuesday, 01/10/2012 12:40:06 PM

Tuesday, January 10, 2012 12:40:06 PM

Post# of 18894
The interesting thing here, IMO is the decoupling from the USD by equities. When we last were @ 81 on the USD the spx was approx. @ 1100, which occurred at the beginning of last year (2010).
I am not bullish or bearish here.
Last expiration I was convinced we would hold 1250 or 125 spy because of Max Pain and we sold down to almost 1210 or 121 spy, which made a lot of money for some out of the money Puts at the time.
Tomorrow is WWW Wednesday and in aj's view of the Max Pain window, it opens Thurs.
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