"Give me a break. That Middle East stuff hardly makes a difference anymore."
Think not! It doesnt augur well for world peace, oil prices etc and it also presents the spectre of what could really happen here. If Art Cashin said it stopped folks in their tracks and changed the mood, i buy it.
The May options ramp rally lasted 5 trading days from re-test to peak.....
That peak occurred on OE. We've been banging around Max Pain for 3 days now. Actually, we've been bouncing on either side of MP for 2 weeks now. Certainly a head-scratcher.
....We've finished day two of maybe four days.
I see a retest on NDX. You don't think we'll pull one on COMPX?
Michalel...big boys could easily ramp up MSFT to 55 while dumping the likes of CSCO, DELL, INTC, AMAT, ORCL. That would more than offset the weightings and still keep QQQ max pain 25
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