It's very simple if you look at it. Not saying to short but reel in your longs asap. So what if you don't get the extra 3%. This is high risk territory here.
i agree, but with most folk's bearish on tis web... i have learned from trading experience... would not short spy.
I love the $$$ I am making in this market actually. Party on Wayne....
you think you will only miss 3%? Perhaps you'll buy 3% higher. My call is sell in 6-8 weeks and ride out the seasonality choppy May-July in cash.
Hello kev: Tax time will likely be when the mkt decides to stumble. The charts look that way and my own top indicator says between now and 15 April. I'm walking the talk. 100% cash now.
Luck to you.