....I doubt it the SP500 could be up +15% by year end. My main point about today is I believe we are going to see volatility actually begin so we could see the market fall a whopping -5, maybe even another -10% before a big year end ripping rally after the elections.
well, we have different expectations. I don't expect the spx to turn down before 8800-9000 is reached and I don't expect any 10% correction before elections, but again, I respect your opinion.
I guess were back to the start of the year where I said there was going to be a correction and you were bullish then. Remember I was saying it would be better to be in bonds for awhile. Were in the same thing now, way overdone and I prefer to trade like when I said the market was pretty oversold when I was selling expensive puts end of March!! Now I'm selling expensive calls like in January!
infact I didn't expect the market to drop in March, but I think one drop is enough. However, our positions are clear, let's wait and see.
