Gotta love ZERO RISK in the SP500 = $$$

Today's trade. MCD is naked. GLD is covered. I was assigned GLD shares last Friday at 107
trades.JPG
 
Last edited:
Indecision year, lows from 2014 will hold in 2015 and in 2016 we get the outcome. When was the last time you saw an outside bar in the yearly chart of SPX? Odds are extremely low.

I am willing to wait it out, I wouldn't argue that 1700 will happen this year, it will happen during this correction phase IMO. So far SPX corrected by 12%, hardly an average, especially considering it had a run of 3 years without a correction. Isn't it around 20% on average?

This doesn't look healthy.

sc.png
 
Last edited:
Indecision year, lows from 2014 will hold in 2015 and in 2016 we get the outcome. When was the last time you saw an outside bar in the yearly chart of SPX? Odds are extremely low.


Odds are extremely low????

Do you know this is a market that no one in their lifetimes has ever witnessed. This is a market that is running on nothing but FED..... meaning anything and I mean ANYTHING is possible.

I think those odds are actually EXTREMELY HIGH!!!!
 
Back
Top