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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,890.50
(
1.59%
)
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POG

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POG

Re: None

Tuesday, 07/08/2014 9:35:15 PM

Tuesday, July 08, 2014 9:35:15 PM

Post# of 373
Buy the dip ? NO NO NO ...

I think Mr Market is going to fool everyone this time. We are hardly down and everyone is already turning bullish. Looks like last 5 years buy the dip mentality has become a habit . In fact the market is set up for a steep decline. Puts are cheap hardly any fear.Holding short , i.e Aug 200 SPY puts. This wait has been painful. Normally the hold time is much shorter so expecting a nice
return.

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