Some draw a line from 09 lows, it's been at least the last three years, every time we get there they
sell, I guess we can go another 10 years every time we hit the line the market goes no further, it's a big time waster for people looking for year over year gains, I mean, the market is barely up for the last two years. What happened to the days of 25% yearly gains back to back? I 'm tired of having to spend money hedging because if I close all longs, then that might be the time it breaks out, in the meantime, it won't go back to 2200, so I am reluctant to close my hedges, so I lose in theta on both sides.