SSK - I'm surprised you're already covering after a mere 2.2% dip in the S&P500 from the high of last week. I get that you don't want to be net short, but I rather think the market has further to fall. It's been a very modest decline so far, but my hunch is that it grinds lower. We're due for at least a 5% to 10% correction, imho. Of course, getting the timing right takes some luck.
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