Options GOODIES

[Murphey]

There's Blood In The Water

1665.00 is a key area here for S&P. Read an interesting article last night in which the case was made for increased QE to come. It
made sense but the spin doctors can produce an argument which sounds reasonable no matter what opinion they are promoting. Been holding off shorting broad market via ETF's. Seems as though bears are beginning to show strength. If we do get an increase in QE, the ride is going to be a thrill one way or another.

Cheers