SPDR S&P 500 (SPY)

[Agoura Guy]

NO, I OFTEN GET MY TIMING WRONG BECAUSE RANDOM NEWS EVENTS THAT MOVE MARKETS ARE UNPREDICTABLE. I USE DOLLAR COST AVERAGING TO ADJUST MY POSITIONS WHEN MY TRADES GO OFFSIDE. BECAUSE OF THE OVERALL DOWNTREND I EXIT THOSE POSITONS WITH PROFITS OVER TIME AND RE-ENTER AT LOWER PRICES.

ONLY FOOLS TRY TO GUESS EVERY MARKET TICK.... AS I SAID, THAT MAKES NO DIFFERENCE TO ME BECAUSE MY TRADING ISN'T LIMITED TO SHORT TERM OPTIONS EXPIRY.

IF THE MARKET BREAKS OUT I WILL ADD CHEAPER SQQQ. I WOULD REALLY LIKE SOME MORE IN THE $45'S OR EVEN LOWER. UNDER WATER??? WHO CARES??? THE NEXT ROLL OVER ISN'T THAT FAR AWAY AND MY SQQQ POSITION WILL BE GREEN. I SOLD MY PREVIOUS POSITION IN THE $60'S.

I LIKE TO ACCUMULATE WHILE PRICES ARE CHEAP!!!!!