Is thnk this could be the BIG correction I've been waiting for.
Investors have been prancing though the playground for so long, they forgot this was possible.
I'm not only out of UTX, I'm in SDS, Ultra Short S&P500.
not-o-calm,.........SDS is down 80+% in the past 5 years, while the DOW is up 38+%. Your bear suit may get singed. Nice that you came up for air from the bomb shelter. I was going to go by the shelter and throw in a few ham sandwiches.....Regards, Kid
Kid, the past 5 years is irrelevant.
SDS is a short-term trade that I would use only during corrections.
I'm fairly sure the market will drop over the coming days, so rather than just sit in cash, I figured I'd do one better.
Once the market sells off and possibly over-corrects, I'll be looking to get back in UTX.
No need for the ham sandwich, filet mignon is about to be added to the bomb shelter menu.