General Options Blog

Monday Charts and Thoughts

Only Two More Days until the biggest FED meeting since 3 farmers set the very first Cow Manure Exchange rates on Plymouth Rock in 1503.  The action heading into it will be quite telling.

Last weeks late week collapse was preceded by a sell the rip mentality that lay in stark contrast to the buy the dip mentality since the March 2009 lows.  Are we seeing a change that equates to the end of the 6+ year bull market?  Is the top finally in?  Or is this just another buy the fear moment, one that will be looked upon much the same as all the other fear induced sell-offs....?

Keep Reading