Call me crazy but I say we take out all the highs to set tone for next week of low vol. pump killing any short in sight. We will touch 110 + on S&P by until Obama gets in.
You and Bubba I consider very sharp traders, what are both of your thoughts on Oil's direction between now and JAN expiration. I'm holding some calls that are a little down and am going to hold those because I think Oil will rebound some by the third Friday in JAN expiration, however, I have not added anymore since yesterday when Oil at 36$ as it opened today at 34$. Do you think Oil stays below 40$ for the period between now and JAN expiration? TIA