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... SC

A quick note: The topping process continues. We may have reached the apex already. Short confirmation pending. No confirmation, no action.

... Kmoney

Hey Red,

Question for you: I think we are headed for 1225-1250ish by end of may (just my 2 cents) but I do think we get a big correction some time between August and November. I'm a stock and ETF guy more than an option guy but I know you like to use options.
Which SPY puts would you buy for that correction?

Thanks

... monicadern

Think Carl got some inside info from his cronies at GS!

... monicadern

AAPL above regulatory limit. Any significance?

... Earl of

He must be expecting a pullback of some kind. 1166 is near the bottom of one of his boxes, not a normal place to bail.

... dreadwin

Usually he posts his reasoning a bit later.

... monicadern

Interesting given his projection. Probably with all the money he has made, he just wants to go out and play a round of golf!

... Earl of

Carl sold long unit at 1166.50

... monicadern

Not in your case, but in my case, that is true!

... dreadwin

One can only hope!