Replies to post #47267 on SPDR S&P 500 (SPY)

[stockoptionan]

GLEENO they are holding it up because the pope is here.alex and in the future remember if you light a matcc in a room full of dinamite you often get a exploution---like intc.best alex

[woodfish]

Even more careful
Got to be a bit more careful today , it is OE , a big ol gap , and prices have begun drifting. They could spike in either direction out of this drift. I have always played a bit lighter positions during OE week.
Gleno look at a 10 day 10 minute chart , looks like a pattern of humps , today is the third , 3 islands.
Sometimes it is easier to just wait and watch , "let the money pile up in the corner , and then walk over and pick it up". Jim Rodgers said that I believe.
I am waiting patiently
Woodfish

[nofluffstuff]

Glen, They are not real big but 200,000 Q puts and calls at $45 might be a magnet until after friday. We may just sit around here.