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[Douglas]

Marketwatch.com has a front page story by Mark Hulbert this morning noting that fear is quickly returning in his survey of investor sentiment which he interprets as bullish https://www.marketwa...rate-2018-02-02.  When to take the plunge is the question.  The next risk window appears to be this coming Monday the 5th.  What I don't know yet is if it is the light at the end of the selling tunnel or the headlights of an oncoming train.

 

Regards,

Douglas

[cycletimer]

We are finally witnessing volatility raising it’s ugly head and the $VIX hasn’t yet begun reflecting this. This dip will be bought but I wouldn’t be in a hurry to buy it just yet. We could easily close on our lows today and the spillover effect will take us into next week.

For once I’m fully short and I’m hoping to take some off by Monday of next week, premium erosion from all these call spreads I’m short.