Replies to post #12314 on Zeev's Turnips Patch-No Politics (ZEEV)

[augieboo]

I think the play on the 13th will be to be short and I look for a move to new lows whichever way the Fed goes.

I couldn't agree more. I think short will be the play from the middle of next week until September 10.

(:

augie

[ajtj99]

mlsoft, the play will be to short tomorrow's ramp and cover on new lows Friday or Monday. From there we should ramp into the Fed and for Max Pain, and probably dump into expiration. There is doubt in my mind whether tomorrow's high can be exceeded next week.