I suggested last week 1625 target, I should have said 1625 close basis because another
line laid below could be tested.
I imagine at one of the upper lines for 6/22 is where I will put on hedges.
Noting I am saying that money market is not an option, I can move to a hard cash
account. I will not sell alot of stock funds in 401k but add a short fund to get
neutral. I have another monthly peak in Apr 2014, no telling how bad it might
be in between in early fall I am hedging by time about 6/22.
If it is down in early fall is probably just overlord jawboning to rescue the treasuries.
SPX Week Channels
Started by
AChartist
, Jun 08 2013 08:40 PM
No replies to this topic
#1
Posted 08 June 2013 - 08:40 PM
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan