Why I can bet on CME when it drop? Common Sence.
(2007-08-07 22:02:06)
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CME will buy back 3B worth of combine company stock at $560. This morning
CME stock drop to $554. So you have the idea. It is a gift to you. You buy the stock (or option) at $554 and immediately you already profit for $6. This does not count in the power of combination.
As retail investor, we should keep a sharp eye to catch the opportunity that flash in front of us and use your common sense to identify MM's trape.
By the way target for CME is new high ($600) as I use my common sense to calculate.
Take care