Most people are long only, god forbid I go short - what would others think, I am commie? lol. Especially in retirement plans. Its universal.
The reason being, if its good enough for house prices to go thru the roof stoking inflation, its then good enough for mkts to keep pace. Can you imagine, all the old bastards sitting pretty in their expensive mansions while the young uns are only allowed 0% bank interest on their savings.
A short term bounce is on the way, should start before Tues Wait for confirmation, then back up the truck and load up on far otm SPY calls
Do you even know what OTM means? It has nothing to do with time, only the strike price. Anyway, I've no interest in wasting my time on you. FFS, get a life. I'm trading 2 other markets, my long calls bought an hour ago are already 40% up
And my calls are now over 70% up and holding S&P 500 +42.4 +1.09% Naz +172.9 +1.46% DAX +281.5 +2.03% FTSE 100 +150.0 +2.06% As usual Rick is absconding when you need him