Replies to post #316663 on SPDR S&P 500 (SPY)

[Tbags7]

I’ve been hedged this whole time and getting smoked for the last 2 months. Had my best week since Feb last week. I’m not long or short, I’m hedged. Which has been a shit position to be in lately. I think the MM’s will wipe out the robinhood traders who think this is easy and stocks just go up forever in a straight line. Newsflash. It has never been like that and they won’t start now. They will pull the rug the second no one expects it. I am suspect we test the recent lows if not even lower. 219 for sure and maybe even 200. I’m hedged dollar for dollar down to 245. We could be that low in a finger snap. I’m shocked we havent had more days like Thursday but I think we are in for many more of those soon.