Gotta love ZERO RISK in the SP500 = $$$

And there you have it, sell off what sell-off.

 

I lightened up on overnight inverses UVXY etc during first pullback earlier, yay. Learned that the hard way, to buy the dip sell the rip.

Will follow VIX closely this week

 

I hope everyone bought the close today!
Goin' up again methinks.

 

lol
After I dumped my calls, it went back up.

 

If today doesn’t prove it nothing will .A true 6-12 month bear mkt will never happen in nominal terms ever . The govt will print to eternity and $20 milk first .

 

We had a bear market in March. Time is of no relevance.

That you Van Winkle?

 

Perfecttion....now we can prepare for the Santa clause rally into the end of the year with a minimum 5% gain. Free money continues.

 

That’s bs . Bear mkts are measured in time and price . Time is what gets people to sell and feel real pain . It’s what washes excesses out and changes behavior. After an 11 yr bull mkt we stayed down for 5 weeks and within 3 months we were back near ath’s .Few felt any realized loses as it was in a blink of an eye . Now people believe stronger than ever they can never lose .

 

This is why next time its lights out. Lock the door on your way out kinda crash.

 

The only behavior that’s changed the last decade is short sellers . They’ve been taught like pavlov’s dogs to cover shorts fast or be wiped out .Thus few shorts will benefit from a crash any more than they would a normal trade as they won’t hold it .