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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: kimberley who wrote (21502)	10/24/2018 7:38:06 AM
From: John Pitera	3 Recommendations Recommended By 3bar kimberley sixty2nds Read Replies (1) \| Respond to of 33421

I'm Still in Chicago and have had an extremely productive week.... I was put out straight long put positions on with BJP's equity / options account and luckily on Weds. the 17th of Oct I put on really cheap Lottery tickets by buying puts a few here a few there on a rainbow of ETF's, the QQQ, around 10 global equity markets, as well as bought the at the money calls on the currency ETF's.... in each case..... my view was for a stronger USD.. It's real been that easy..... we have know for weeks that the USD would on balance appreciate....... and that US equities were seeing multiples contract as US 10 and 30 year yields have moved higher.... and then you play the global yield curves. it's basically that simple. John PS... I have my vindication as Sam Stoval Jr.. who's dad started at Kuhn Loeb in 1953...... and Sam was on CNBC Squawk about 20 minutes ago and he agrees with my logic that we are going back to take a look at the FEB 09 2018 LOW....at spx 2500- 2575