3 replies to this topic

[MikeyG]

Long 3 SP Emini

 

200 more SPXL

 

 

If the O variant is mild and contagious this could be the most bullish event in years.

 

Either way, the CRB took a hit which is good for the consumer that were getting pinched. 

 

Powell's language turned more dovish. 

 

Wouldn't be surprised if we drop down into 45xx, but have plenty of dry powder if we do. 

Edited by MikeyG, 30 November 2021 - 09:53 AM.

[MikeyG]

Adding 

 

1 More SP emini

300 more SPXL

 

About 70% in now

 

Plenty of dry powder still

[slupert]

Long 3 SP Emini

 

200 more SPXL

 

 

If the O variant is mild and contagious this could be the most bullish event in years.

 

Either way, the CRB took a hit which is good for the consumer that were getting pinched. 

 

Powell's language turned more dovish. 

 

Wouldn't be surprised if we drop down into 45xx, but have plenty of dry powder if we do. 

Hit 4500 might get a bounce if they see it fairly valued. However. that's gradually slipping away. (JMHO)

[MikeyG]

Added the rest, have a little bit of dry powder just in case.

 

This is not a short term trade.

 

Plan on holding for awhile, should see a 5 handle on the SPX within the next 6 months.