ETF SWING & DAY TRADING

[rcptrader]

Wowsers, the bears are buying more puts because the markets look overbought. Been there, done that - it's like catching a falling knife in reverse.

The most likely scenario is the market makers will gun to markets to what ever stops the bears have.
Now if I could just pretend to be a bear and figure out where their stops are, a little above that level is where I would take some longside profits (if I was in a profit taking mode this early in the game).