I looked at hedging with puts for next week but with limited cash decided to only buy Apr calls
should a drop occur.
As long as there are up cycles, the qe is coming.
The falling cycles look bad but most often are exactly when fed pumps the qe so it works in the opposite.
As long as you have another quarterly peak for Dec and more rising cycles, the qe is coming per
J. Willie maybe double. Last week cartoons convinced they admitted it was bad for the premise to
continue qe next week.
That is why I mentioned stop using conventional TA.
Now you have a line there and a stop so sure keep a reasonable stop in mind.
