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[andiron]

my position in TLT is doing gangbuster...I have small short SPY as well and expecting another 3-5% decline w/ vix rising to about 25..SPY 123-120 range would be where i would go long only for few wks trade/// Say fall to SPY123-120 range then a bounce to 125-127 and then another major sell off post 4th of july...That is what i see right now...however a collapse in equity cannot be ruled out either....