Saturday, January 16, 2016

What's Next For The Stock Market?

Hi Folks,

Well we hit my target for the week in SPY of $187.  As of now, it doesn't feel like we have made our short term bottom yet.  I think we get down to the $174 range next week.  We should find support in that area.

The bounce that follows the short term bottom would be the next spot to short,  Hopefully everyone has their portfolios protected as I have been preaching about.  With proper hedging these massive corrections present amazing opportunities to add to your portfolio.

I can't wait for the time in the future when I turn wildly bullish but for now you know where I stand.  Geronimo!!

Thanks and Good Trading,


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