Eloquent

An optimistic outlook, during a time of total gloom.

Long
Eloquent Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Everyone and their uncle expects the market to just crash, exactly as it did last year lol...

That's precisely why I don't think that it will. There are Way too many bears right now, and until they are all shaken out, the market will continue to do funny things.

I love to entertain both sides of the story, but I just can't see a crash happening right now.


Lettuce talk about it.
Comment:
scooped up some 6\18 400\420c's on spy
330\350c's on qqq.

expect some more sideways movement down here before we launch through 400 in the month ahead.

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