The song remains the same. Picking directions in this market is a crapshoot. The way I explained it to a non-trader friend of mine was like this:
Imagine lighting firecrackers with extremely short wicks. Fun and exhilarating when the payoff happens, but way too easy to get burned.
So for me, the safest way to navigate this market profitably is to continue seeking out ETFs to put delta-neutral credit spreads on.
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