910 on the S&P500? That’s OVERVALUED, given this economy.
I went 2X short the S&P500 today, with 3% of portfolio. Bought SDS again.
Yes, only 3%; I think the rally has more get-up-and-go left in it, which I plan to dollar-cost-average into.
This time I’m not going chickenshit and close those shorts prematurely, even if the rally goes much higher; I’m going to hold these short positions (and add to them) until we see 650 on the S&P500, even it takes a year.
