Replies to post #4810 on China Unlimited

[RealDutch]

If you don't think this market can crash then I invite you to take a quick look at this chart

http://www.marketwatch.com/investing/index/SPX/charts?symb=SPX&countrycode=US&time=13&startdate=1%2F4%2F1999&enddate=7%2F15%2F2015&freq=1&compidx=none&compind=none&comptemptext=Enter+Symbol%28s%29&comp=none&uf=7168&ma=1&maval=50&lf=1&lf2=4&lf3=0&type=2&size=2&style=1013

People are habitual creatures. Meaning, they don't see the risk when they haven't been hurt for 7 years. But the reality is, the risk of a crash is bigger than ever.

So yes, I buy puts of overvalued companies. I balance my portfolio, so I don't get crushed if the roof comes tumbling down.

Reason, knowledge and common sense don't count anymore.

And that's exactly the sign a crash is coming.
We will have many popcorn days.
Watch and learn.