Replies to post #110302 on SPDR S&P 500 (SPY)

[smartone]

thanks for the insight Farooq

[Neutral Man]

Far-Out-Dude, I've written much about da-Boyz dealings and I can NEVER write enough about how they SELL puts to the unsupecting at the BOTTOM and then RUN prices up immediately after filling dem orders!

In summary, play-r's place BUY Orders for puts and wait for themn to get filled. The Boyz KNOW when their gonna JAM up prices so just before they do they sell a Boat-Load of puts to any and all who have open buy orders. It's NOT that the put buyers are fools but more that da-Boyz are genius's at use-ing their inside knowledge of a JAM Job to FILL massive amounts of put orders just before they take-r top-side, oh boy, sigh..............