While I’m still not convinced we’ve seen “the” low in the recent correction/bear market, the recent daily price action of the indices sure is doing its best to chisel away at my resolve. And it at least has me considering adding some long exposure to my portfolio, if for no other reason than a hedge.
Earlier this week, All Star Charts published a free post titled A “Loco” Trade Idea. I liked the idea so much I’m gonna copy the guys and layer in a simple options play to take advantage of the outlook. [Read more…]