Can you go to cash, and then get back in on the long side when we hit 1078 spx area? If you've been reading the blog, then you know why I mention that number.
I agree… the market looks so ripe to fall before opx. I sure hope it does as I'm short and need the spy below 117 to make any money. I think it will fall to the 111-112 area before opx, and then bounce a little.
Then another fall after opx to 107-108 area, before the summer rally starts back off.
yep ,no fear no volume,we might see what happens in Jan top
4 days of drops and gains
http://stockcharts.com/h-sc/ui?c=$COMPQ,uu%5Bh,a%5D…
That looks like it could go higher?
in cash now 3 day wait on sales,always keep cash on the side
Can you go to cash, and then get back in on the long side when we hit 1078 spx area? If you've been reading the blog, then you know why I mention that number.
just got to give it time,waiting for xlv to outperform xly
http://stockcharts.com/h-sc/ui?s=XLY:XLV&p=D&b=…
I guess its ok till its not or something blows up
watching the 10 year real close, no fear Fed has our back
I agree… the market looks so ripe to fall before opx. I sure hope it does as I'm short and need the spy below 117 to make any money. I think it will fall to the 111-112 area before opx, and then bounce a little.
Then another fall after opx to 107-108 area, before the summer rally starts back off.
my large4 stash is in a 401k cant short or option
When this starts to roll I think we will have 3 days of volume swings
Is that a question? Yes, I'm here… although I'm still in broken pieces from the last time I tried to short this market hard.
you here red
Yeah… I'll never buy any 3x etf again. I'll only go short them, through options, as they all eventually fall to zero.
You can just go short on the bull etf when you think the market is going to fall, or go short on the bear etf if you think the market is going up.
That would be the only way I would do it again.