Gone is the euphoria of 30,000 dow. Gone is the nasdaq catching and surpassing the dow. These have all gone by the way side. Now is the time to either gather what is left of your assets and stay in short term treasuries, or take advantage of the downside and trade that way.
In the newsletter next week I will go into many reasons for the indices to continue down. With the run up we have had of late, it might be a time to get more short positions.
Diagonal puts, calendar puts, etc.
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