Replies to post #352350 on SPDR S&P 500 (SPY)

[jeffree]

...Tomorrow...is a big day...


as positioning for the "inflation report" Thursday AM...likely occurs...

So many fund managers of all varieties have positions In the S&P 500 in some form or another...as it represents "the market"...and SPY seems relatively "safer" than some other ETFs...

Now...when purchasing shares, the buying takes place when "convenient" and "efficient" for the managers to do so...

as opposed to when the markets have a strong Sell signal...they All seem to "lighten up" at the Same Time...Maybe thats why the saying...it goes Up like an escalator...and Down like an elevator...


IMO...tomorrow will either see a slight Up move...or a large Down move...


Its Just a Guess...


I will be mostly just "watching and learning"...
maybe repositioning a few options...


JMO