Well, I can't help you on that one. But this being a thread about general market direction, we should see the market turn south in the coming days IMO. So why don't you just jump back in when it's plenty cheap again. How's that for ya?
No need for that bro. But I do like your sarcasm though. It keeps me sharp. BTW you must have missed it, but I did specifically say on Thursday that the market will reverse and go back up on the next day. Now I predict it will reverse back down. But, you being an options trader with all the greeks to deal with, you don't think trading should be that easy, right?
You day traders have it easy, no need to worry about greeks, microstructures, skews, kurtosis, expiry, no differential equations or binomial distributions, no Black Swans... I am tired of watching spreads, butterflies, condors... I have decided to join the dark side and started to day trade. Now I just look at some red and green candles then click, click, click.