HK_L61

SPY - Dump Your Purse RT Ahead - A Hetero Perspective

AMEX:SPY   SPDR S&P 500 ETF TRUST
Curiously - I was asked what is attractive about Boobs?

It was somewhat out of context or so I thought...

The answer seemed simple.

1. Boobs are good.

2. Boobs are great.

3. Boobs are awesome.

4. Boobs are spectacular.

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In the corrected context -" Boobs" FOMOing... altogether different.


Those boobs have frankly yet to appear, the FOMO Boobs.

Grant it the majority of FOMO Boobs, not to be confused with Noobs,
are suffering from heavy, sagging losses within the effects of Gravity's
might for Price's attraction to the Belly Button.

This is the region where an " Inny "suddenly becomes an " Outty " and
begins ejecting lint from its core without pause.

Markets begin to fling it like Cotton Candy through space and time.

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Eventually, the Mass collects itself somewhere in the Vicinity of an unseen
Black Hole.

Its Volume decreases as its Density begins to increase... only to be sucked,
once again, into the unknown supermassive black hole.

Viola.

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This brings us to where we are in proximity to the realization this
precocious, preteen disaster of a Lolita Market is attempting to drag
CASH again using a very simple method of Intra_day Squeeze time
and again.

Some will protest... "Summer volumes are lower dumazz..."

"FOMO ON~!"

Clearly, they always are, and that always presents an opportunity to run
relatively unopposed - Volumes too low to complete, and that is where
Algebra shines...

But FOMO< no not just yet, barely MOMO frankly as these Markets are wholly
dependent on the following:

Balance the Levered Load - this is why IV is neutral JUL AUG SEP on SPY
P/C's @ 400 and NTM Calls/Puts. 1% bias to Calls on average coming up
to 2.7% intra-day.

You'll notice a sudden unwind of Puts early on as Algo's Square the NYSE
Open Market orders to the CBOE - the Sellers are run, then the chasers...
the late entries which are whipsawed chasing big Green 1 Minute Bars
until they are smoked as the reversal rips on down to release them of
their Capital, again and again...

@Vixtene repeatedly feeds the .69 PCC @ NYSE OPEN, again and again...

It's a simple shake and bake, Ricky Bobby & Cal Slingshot, time and again...
and when the Tailers load the woodshed on close with Puts into 4:15 PM EST
on the SPYDERS from Mars, rest assured - they will get their Noob B__bs squeezed.

FOMO will begin when the 401.50 breaks and skies to 407.12 - from there will
just have to see on time and price how stupid this gets.

Squeezing the Marginal Equities on High Short Interest and the latecomers
to the Futures has been a cakewalk for Da Boyz... over and over.

When there is no Fuel - this will crap it so hard you'll wish you'd loaded up on
Karmageeodden Spam during Prime Day.

I'm patiently waiting on GODOT FOMO...

Where are you, oh yeah... you keep flip-flopping - Sell, Buy., Sell, Buy - in
the most manic of trades.

Buy and Hold Micro swing traders are minuscule Intra-Day.

Can't say I blame ya's - it is a fecal encrusted grenade disguised as a hot Potatoe.

Its' gonna so off, but not until all the garbage fills for Wall Street are complete.

FOMC / Chips N' Grift / GDP / Inversion / Debt / EU / DX - toss a dart, these are
ALL Going to matter very soon.

EPS has been beyond awful - NETs are being crushed... Do you buy that?

No, you fade the Boobs who do.

By Labor Day it will be obvious - once again - "Hope" had given birth to another
wealth transfer.

it's just not time, that said we are due for an RT soon.

Will it be after a pullback into the Support Region or a vertical TOSS.

Stay tuned and Good Luck.

Patience will reward waiting for the larger setup.

















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