Super Tuesdays Down Open Ahead of the Fed

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I had a long talk with the PitBull yesterday. He looks great and he is doing his best to get back to his stock trading and away from the ES, SPY, and options. He probably doesn't remember this but many years ago he said he was tired of all the programs in the SPU. He asked what he should trade and I mentioned an oil spread to him and he asked me 'What do you know about oil?' Well, the truth is, I didn't know that much other than it was liquid and volatile and that oil was cheap and the spread went straight up. He went on to be the largest independent oil option trader in the world. Every desk on the KYFE wanted his business, as did every oil option market maker. As oil vol got expensive in crude he stopped trading it and then moved to the CMEs S&P 500 options where again, he became the largest independent S&P 500 options trader. While he admits to being an ES futures 'junkie', he also said that he is 100% sure that while it may sound funny that the guys with the better seats are 100% real and buy with all the programs, it is not a fair and level trade. Last night he sent me this:

“Post this---this tree ain't going to the sky---low a week before Thursday- Friday the week before quad witching.!!!!!!”

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