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Dharana
Feb 17, 2016 6:02 PM

The pump before the dump! Short

SPDR S&P 500 ETF TRUSTArca

Description

All this market needs is overnight news of an OPEC disconnect between Iran's intentions and that of Saudi Arabia's, and then SHAZAM! $180 on SPY overnight. Don't forget your moving averages kiddies. Market bottoms don't just magically blow in on President's Day. I hope you will appreciate the "burr" you're about to get if you linger long on this market... Let it settle down and "average in" before committing yourselves to absurd bullish positions.
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