The strength is equities today should be bet against!
That is what the probability model is telling us.
The Put/Call ratio is sitting at .80, which just begs for lower prices.
As I had said earlier, the only way I am going to get into this market on a day like today would be to set my short sale order away from the market so if the market does get hit I will get filled on the way down.
However, I am not brave enough on a day such as this to go either way, but if you have the
gumption, that is the way to play it. The safest way too.
Let's see what happens.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment