
As I type they've already bounced it back to Dow 10K. If this level breaks, I expect some fireworks at the end of the day. The type where you are inside the building with the fireworks ... i.e. the bad kind. This is the range where the intraday bottom has been 5 of the past 7 sessions (including today). I'll probably buy some of those puts back if S&P 1167 or so is broken to the downside, to be sold in the closing moments of the day.
Most importantly this allows us to bring back our hats, born in 1999.
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