Replies to post #1163 on S2 Option Trader

[SyndicateTwo]

I know CEPH very well. Have made a small fortune on it over the last 12 years. But you got it, didn't see that coming.

SOL just got a buy rec' today and $15 target, so there could be a nice bid for it just on that and the clear uptrend/breakout setting up.

As for the market, what it looks like here is a possible setup for a 'fake out' breakout above SPX 1330, and then the selloff. The market's so rigged, it's sick. But you can't fight it. A guy on Bloomberg yesterday said if the Fed never came in and helped, right now with the earning's growth in the big stocks, the SPX would still be under 1000. So, knowing that June is just 3 months away, the money managers might try to get all they can out of this rally before they have to sell everything before everyone else. The race for the exits could be ugly.