I'm bearish. There, I've said it, and I feel better. My signals are close to bullish. If they become bullish I will sell my RUT puts & cover 1/3 of my short calls in the NDX and the RUT.
I just don't see what drives this market higher in the short term. I don't have a long term view. If I look further than a few weeks my small mind rebels. We have supply now, with the Blackstones of the world generously letting the little people in. We have modestly higher interest rates. We have weak housing and consumers. Yada yada. And I am deathly afraid of a rally today.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment