Thought it would be good to revisit the SPY weekly chart, now that we have the VIX moving back in the bulls direction... I am taking this one swing trade at a time, and will not declare a bottom after today's reversal..
tb
ps- if you caught fast money tuesday, they read an email that asked, "I am tired of losing money, where should I put my money?". Answer: "Put it in SDS to protect against a market decline." Good advice, but bad timing. If she took that advice given yesterday and bought the SDS this morning, she would have paid $72/share, and SDS closed at $64/share. Timing is everything..
No comments:
Post a Comment