• James A. Kostohryz
    Downside break of pre-QE3 break-out level (1430s) and April highs (1422) tends to negate ST bullish case. I remain bearish medium term.
    10/23/12
    Reply (4)
    • Rubenov: James is out. We bounce tomorrow.
      10/23/12
    • J Mintzmyer: Selling spreads at the high implied volatility we have here. Looking for a close above $1421 on Fri, closed top exposure today- let's go up!
      10/23/12
    • James A. Kostohryz: I said "tends to negate ST bullish case." To be clear, I am NEUTRAL short-term. My view is short-term netural, medium-term bearish.
      10/23/12
    • Erick McKitterick: Closing so far below the 50dma is not good news for the SPX. If 1411 doesn't hold 1394 will be here in the blink of an eye.
      10/23/12