We have to hit 1st resistance level again before next leg up. The market is ready to tank so go into puts.
i figured it'd test 26 a good point to rebuy, but hey i'm not a hedge fund.
What does he know anyways? His name is John Paulson. He's was down 50% in 2011 and 20% in 2012. hehe. We'll go with your figure. I like 26 myself.
your both wacked, $30 before 28 or 26