Replies to post #171188 on SPDR S&P 500 (SPY)

[risk on]

I've been really mentally exercising Monday, and in reality one can out think their self . Here the deal , soy is OS on three of the four oscillator lines, and it will be all four upon open , barring major gap up, due to the time component of oscillator equation. When OS, buy calls, but keep in mind the IFB may well occur, and have a strategy in place , for example calls going a month out, hold them , and buy puts if it looks like IFB will occur, basically have a Med term plan, and trade around the rest. That's the move test seems to mitigate risk IMO , but know this, the correction is upon us, and the old spy is gone, perhaps one more kick, one more scream up to 207- 209, but the good ole days are as out of style as Carly Simon herself, adr.