Submitted by Manic-Christian t3_10ms4ec in wallstreetbets
Okbutbushdid711 t1_j656wid wrote
Reply to comment by Manic-Christian in Perfect Elliot Wave forming to YOLO on SPY PUTS by Manic-Christian
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.
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