Big money is often stupid money. This cycle is stretched already, yet could go on for another week or so. Shorts are getting tagged but, once they panick out…look out below! Last cycle high was $1,340…fat chance of bettering that right now. All one can hope for is that when the cycle changes that we make a higher low. Waiting patiently to buy Puts. Despite the inordinate time lapse in breaking thru $1,200 my calls are profitable.( just my two cents.)
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