Replies to post #11608 on The New CS Board

[HD168]

ah: yes, toady low number almost fool me,

but the triple witching option max pains don't lie. If they don't get to Sep max pain at expire due to this month FOMC meeting (bernanke demands market near high when he speaks), it usual get to Oct max pain at end of Sep triple witching month. It's little under spx 1700 (type in spy in following site).

Since no bernanke speak at next Oct 30 FOMC meeting, it's almost guarantee no taper/stop QE3/QE4 at next meeting too, or bernanke need the speak to comfort the market right after meeting. This lead me to believe bernanke won't stop QE3/QE4 at all before he leaves office Jan 2014.

My bet is, bernanke wants to leave office at high note (historical high stock markets) to honor himself as Fed chairman, so he decides not to stop QE3/QE4 at all. Because he knows once he call the stop, the market will have harsh correction. Why he ruin his own perfect scam near his end?

http://www.optionpain.com/OptionPain/Option-Pain.php