Viewing a single comment thread. View all comments

Manic-Christian OP t1_j6530uy wrote

Reply to comment by Okbutbushdid711 in Perfect Elliot Wave forming to YOLO on SPY PUTS by Manic-Christian

Agreed. If the fed does less than expected it will moon for sure. That’s going to be the peak of the C wave. However once it moons I’ll continue to load up for a more longer term bear positions

4

Okbutbushdid711 t1_j656wid wrote

Couldn't agree more. Im thinking LEAPS puts like 1 to 2 years out. I gave up on trying to predict the short term trends. Once the tides turn maybe some shorter term puts and spreads.

No data coming out is screaming "RECESSION IS CANCELLED" to me. Unless Fed starts cutting rates which I don't think is very likely in the short term.

2

hehethattickles t1_j66u6e5 wrote

If the fed does less than expected we are straight mooning past that C and crushing this notion of a wave

2