Bot SPY 165 put at 037, out at 0.47, I think the downside move on the FED chatting up the market was enough downside for this week.
Kind of like cover for real selling? If big money sold on any other day it would be looked at with negativity. With this big a swing, who know what real money was leaving the markets.
I am out for good today. I still get the feeling we have had too many down days without a relief rally, this is the perfect excuse for a relief rally.
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