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SPDR S&P 500 ETF Message Board

  • wsjjswwsjjsw wsjjswwsjjsw Nov 8, 2013 11:13 AM Flag

    I think it is safe to short spy now

    All the way to the first week of Dec. People and taking profit, and a lot of them will be at least somewhat nervous about the Fed's Dec meeting.

    Then we will re-test the all time high during the Christmas rally (a.k.a Big Ben no tapper rally).

    I think in a broader scale, the top is in. Inflation is picking up overseas. The US is about to feel its impact very soon. The bond market has been quietly expecting the taper (effective rate increase, whether you call it taper or not) for quite a while.

 
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