Replies to post #166394 on SPDR S&P 500 (SPY)

[GuTA]

So I'll give my $0.02.

It's been a great move down. I have done very well this week. I'm still in over half my short positions.

That all said... I wouldn't chase anything here. If I wasn't in the money with house money I wouldn't chase.

This could easily move to the 195 gap, but I'd let it all play out and get ahead of the next trend come Monday / Tuesday