In such uncertain times I dont want to buy anything too much ahead. U might be right or not, I dont know ...anything can happen till November. Seeking Alpha was predicting the strongest Q4 in 13 y. I am very carefull about this, bec these analysts are always the other way around. So looking it like that, we might even have another crash in Q4.
But I do think this week reversal might be in work f SPY to the downside. EU bad news will be poping now and then, plus Chineese data coming by the end of the week. The most bets f this week are around 110 puts.
Any other scenario like continueing the uptrend to 120-130 would be total miracle to me looking at situation around EU and US right now. When banks are going bankrupct and actual bank recapitalisation (short therm remedy) will be signed first by the end of October, I cant see any money in the banks till then.
