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No, you are wrong. They all kept questioning and doubting rally on the way up. Now they are all sure of drop. This will make a drastic turn around - just watch.
Where is your stop loss?IMO, a change in trend is in play and I am talking daily charts here. My system says if a weekly chart should decide to follow suit it's targeted for $SPX 700 for now.
Sold SDS and FAZ today.....look at the difference in the gains for FAX ans SDS...no contest...more leverage with FAZ.....825 target for the S&P...won't stay there long...
Let's wait and see if i am.