Gotta love ZERO RISK in the SP500 = $$$

romik said:
Markets are down, can't be right :confused:

BTW today INDU officially registered a Death Cross.
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The last time that happened was August of 2011 and July 2010, obviously not much happened then, but the one before that was obviously followed by a 50% selloff...I would love 10-20% just to bring some valuations down and get some lower entries.

I am thinking about maybe putting on some puts or put spreads to hold for a little while. Not going to short it outright.
 
FCXoptions said:
The last time that happened was August of 2011 and July 2010, obviously not much happened then, but the one before that was obviously followed by a 50% selloff...I would love 10-20% just to bring some valuations down and get some lower entries.

I am thinking about maybe putting on some puts or put spreads to hold for a little while. Not going to short it outright.
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Yeah the spreads idea is better, imo...more able to withstand the whipsaws...

The market feels like it's being set up for the September move...all moves are broken off on the downside.
 
Prices oscillate, trends persist. There hasn't been a macro trend since beginning of 2015, but who knows, there may be a break of range finally.
 
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