Recent content by farkasb

Try some option spreads where you sell overpriced CALLs instead of going long on PUT options. Volatility drop will work for you that way.

In long term I think it's a pull back from 38.2%. It may go back to test the trend line, but still bearish until it breaks out to new high. Also, if we look at the "big picture" it can even be a huge doube top on a let's say 50 years chart... and if that's the case, it won't be bullish for a while.

Hi, It looks like a pretty bearish chart at the moment. Base trend is over, in fact there was a nice short possibility (red arrow) when it pulled back and turned down from the broken trend line. If you look it as a trader, there is no reason to go long at the moment. I've marked two long...