Replies to post #146215 on Zeev's Turnips Patch-No Politics (ZEEV)

[phineas gage]

The high put call has forced the big boys into a passive long position until the Sep expiry. Then they'll pull the string.

[cannabis]

My 2 cents and last post today:Tuesday(more likely Wednesday) INTC tags 29,double top,and sayonara Naz for September.

[market_watcher]

if you think that they want to sell, they'd probably want to churn it around a bit more at these levels.

My hypothesis is that we go down and retest last Tuesday's low, then make new highs, then down for the balance of the fall. Yeah, that's somewhat a churn, but I think by the end of next week we'll have the highs in for the year. I don't think we're going straight down or anything so drastic, but any new high should be within like 4% of today's high.