Quote from Landis82:
Please post a screen-shot of your current positions.
Thank You.
Funny how you dont believe me, as I said before im selling ALL my inverse ETFS at fresh lows on the DOW which is occuring now, I sold all my SKF middle of the week at $160 which Im kicking myself for doing so, sold my FAZ in my IRA around 58-59, sold off my DXD yesterday around 70 and today so far have sold nothing, daytraded some FAS.
Did I not tell you we were headed lower, damn, all you had to do was sell all your longs and buy them back at 7500 or better yet 7000, which is where we are headed, I think I may just hold onto my inverse etfs until the spx drops to 600.
No need to be bullish anytime soon, bears will win for the next decade or more.
No catalyst for the market but an oversold bear market rally is what the bulls will only get.