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[KoacNation]

http://stockcharts.c...p...1&listNum=1

felt I had to share.

Just amazing.

I took out a bunch of Sept and Oct 102/101 put spreads since I believe we are in the beginning of the third big bad bear of the decade. I dont think another 13% is too far away in the next 2 months to reach

1st: Tech Bubble
2nd: Housing Mortgage Bubble
3rd: Debt Bubble

This thread http://www.traders-t...howtopic=133068 by IYB I have studied very thoroughly, I made the chart up again myself for the past 15 years and to me it just screams "third major leg down"

I got em for 14 cents and 18 cents respectively, that's 1 to 7 and 1 to 5.5 risk to reward.

If they pay off I look like a genius, if they dont, it's meant to be a speculative play with a small portion.

best of luck to all