Replies to post #195710 on SPDR S&P 500 (SPY)

[risk on]

We been asking that forever, it means open interest in option lanes, which tells you???? I dint think there's any science behind it, he just looks at a lane w big OI , and says, " ohhhh, follow that one!", not realizing of course that for every buyer of a contract there is an exact equal interest that wrote or sold the contract, and has every thought that the contract will expire worthless.

But, he's da man, and woot, and flava, and ice ice baby

[imiloa]

what risk said. he's been posting the same thing for a year now
but never backs it up with actual data he claims to track.

and he's nearly always bullish.
so is usually correct, simply because the market has been rallying ~80% of the time since last year.

but, for ref, he always claimed return to 210 when the aug 2015 was starting:

"Nothing has changed .. By next week we'll be back at 210 .. Mark the post"
on aug 20th, 2015...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116380395

and was also wrong in dec 2015.

so, imo, nothing to see here.
just someone desperate for attention.