I went bearish last week, and on Tuesday proclaimed that everything is pointing down. However, after 2 days of dip (and ramp) the bearish crowd is too loud, too convinced, too all ready for P3 and end of days. Too quick.
It is disturbing for the bear case.
Signals are very mixed at this time.
Cash and Stacking is a position.
Plus, put/call is a little high for a massive dump...
ReplyDeleteYep saw that too
ReplyDeleteThe Euro "blimp of doom" is month long and very strong, could Euro dive without equities diving? Only on a serious flight from fear, war in Iran.