Wednesday, October 1, 2014
In Too Early
Well, I was a bit of an eager beaver there buying in the 1953-1955 area on ES. Definitely taking heat on the position but like the risk/reward at these levels. Like even more the bearish sentiment that I am hearing on CNBC, with Ebola crisis and all. Could face a bit of turbulence for the next few days, for those in cash, I would use the volatility to find entry points to get long on those dips. The blue light special shouldn't last for more than a few days.
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1 comment:
I think this correction will be worse than previous few corrections. Again, I suspect because QE is ending. Perhaps protecting portfolio as we are approaching year end.
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