Replies to post #380167 on SPDR S&P 500 (SPY)

[gumbie05]

Got off some really good shorts (adding to my overall position) at 485 this morning and purchased a good amount of UVXY at $7.70- $7.74. Let’s see what happens if not simply because the markets are over extended on the upside but the DXY worries me because it’s the main source of this liquidity (ie the lower it goes the higher the markets go up). We’ll see…

- JMHO