Yes, Blitz, surf's may be up, I give da 50% BK a 25% chance at
this point. So, 75% chance we see new all time highs soon,
25% chance we see all-time lows soon (Yes, below 2002,
big quake could be coming). Yes, da lows play
is more risk, but a lot more reward too -ggg- Taking out
200 MA for da dow could result in free fall. Have to play
in the money calls for da rise (reversal to mean), way OOM
puts for da drop (da big fat tail).
It's a random walk, except for the tail we are in, which
is to the downside -ggg- 300 point clustered moves for
the dow after 5 years of 50-point moves is not bullish, this
is seismic activity of a large volcano. -g-
P.S. My downside target is lower than yours -g- |
