LG; This is a market for deep pockets and hedge players right now,
with volatility subject to dominate the market, the hedgers,
take both sides and the volatility lets them skim the market, as
they win either way , they just don't want it to go flat.
This is no place for little fish, one wrong turn and your gut
and gilled, latter I may buy the MDY , and short the SPY ,
the divergence there looks like that would be a good hedge
they will converge before its over, but to heck
with the options, premiums make a strangle to costly.
My little underwater baby is doing A OK..
up 23% in the last 3 days, the panic sellers
got creamed, now the shorts are covering,
but it's mostly de-coupled from the broad market.
Jim
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