Because CPCE < 0.56, plus several other factors which will be detailed in tonight’s report, so I see good chance a down day tomorrow. Also a gap up tomorrow morning, if any, will be the 9th unfilled gaps on the SPY chart and the 4th day in a row that SPY opens with a gap up.
Today is also called a "mis-direction day" which means that whichever way the Thursday during the week prior to expiration closes, expiration week itself will close the other way. Well, we’ll see.
June 11, 2009 at 6:34 pm
June 11, 2009 at 7:53 pm
June 11, 2009 at 9:19 pm
June 11, 2009 at 11:06 pm
June 11, 2009 at 11:08 pm
June 12, 2009 at 2:24 am