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Post# of 52466
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Wishthiswasmyjob

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Wishthiswasmyjob

Re: gdl post# 34203

Friday, 01/12/2018 12:04:17 PM

Friday, January 12, 2018 12:04:17 PM

Post# of 52466
Buying some cheap puts here
The 19th expiration...
Looking at both QQQ and IWM. Treating them as
Hedges on the 401k, putting approx. $200 at each
IMHO, the risk/reward is proper, all indications show we're
Tremendously overbought here...
Nothing is trading based on the underlying companies and fundamentals.
Everything's being used as just a trading mechanism, everyone buying
and looking to sell 3 or 4% higher.

GLTA

The VIX being solidly green here is also saying it's all just going too fast.
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