|
slow and borring up market is real bull market. when all a sudden it becomes volatile, down a lot and up a lot, it is early sign of market has come close to top and about to correcting. I have seen this time and time again. smart money is leaving !!.
I think market needs 1 or 2 more weeks before obvious downward movement. you still have time to un-load your longs. but try not to add new long positions, except for DT.
I start to accumulate 2x short ETFs, will add more if market breaks up. it not time to buy put yet. you will lose money due to time decay. I'm waiting for VIX to reach low 12 again.
|
|