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Friday, August 17, 2012

$SPX: EW count and forecast.


Disclosure: We are bearish from 1,390 and yes we have lost this rally but, we prefer wait in cash (not our case) or with a bearish ETF (our case) because we are forecasting not a healthy downfall but a "big" one.

2 comments:

  1. I am with you, just made money with AAPL options,since they came out with earnings, but that's all, I don't quite know which ETF to buy, I have some FAZ and TZA, but which one do are you most comfortable with. I am looking at the SPY puts, but I am afraid of Theta getting to me, what do you thinK?

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