Koon I agree with that, I beleive that we are topping right now for a turn south. All my indicators are topped with the start of down hooks, the currency issues are causing a lot of concern right now. It has been a pretty good rally for the last couple of weeks, but it looks like a pull back time to me.
What I am seeing today is the Put buyers are flooding in but the general public is not selling as yet...I have seen this many times before. the outcome is the option guys are going to lose out...I am ready to short but withholding until everyone says SELL...
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