SPDR S&P 500 (SPY): You are right, it’s all smoke and mirror...

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Re: Vandalayind post# 299757

Wednesday, 03/18/2020 4:00:10 PM

Wednesday, March 18, 2020 4:00:10 PM

You are right, it’s all smoke and mirrors - bottom line is we have been in a recession for a month now and things will get much worse!

How did you like my call on Monday? I said $260 on Tuesday and $235 by Wednesday - Friday sell off could drop us down to $225, but FED money is coming in Fas and Furious, which isn’t helping much.

I’m still doing straddles $20 out in both directions at the end of day Monday & Wednesday - to sell at open on Wednesday and Friday and been killing it for 2 weeks now:) Wish I would have went all in on VXX with 50 cent back in January though:)))

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