lowtrade

[lowtrade]

Da MARKET !

Like to let the readers know it's been OVER a full year since the market has had a 3% or larger correction.
This is historical !

I don't know who believes a market can continue up forever, but I'm finally seeing (the always late)talking heads on MSNBC mentioning the possibility of a retrace correction yesterday. The Technicals and chart is now, also showing some reversal signs.

Everyone knows when the market moves, all boats seem to follow. So odds are, one's portfolio will fall apart when this correction occurs. Since Mid SEPT. I've been adding FAZ (the 3X bear ETF) waiting for the correction. And will be adding when it happens.

Holding FAZ during a correction is the way to short the market in a down turn, without needing a margin account or paying short margin fees.

Keep FAZ in mind in the future. Because a 3% S&P correction could produce a 9% gain in FAZ, at a reasonable mid cap price point.