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Re: Shipman99 post# 96077

Tuesday, 02/05/2013 2:00:01 PM

Tuesday, February 05, 2013 2:00:01 PM

Post# of 147304
Well, I think the S&P will see the 1550-1570 range at some point in the relatively near future (1565 was the top of the last bubble, so I'm expecting it to revisit that area). At that point, I plan on buying SPY puts and maybe some AAPL puts since AAPL seems to move with the S&P 500. I'm betting on more than a simple "correction." I'm thinking a pretty big bust to the stock market bubble is coming. That's when sasi will be generally right more often than not (assuming he's still bearish on AAPL by then).

Vague, I know. But that's what I'm keeping an eye out for.
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