Hello Insider...and everyone else...
How is everyone doin? I just had a great trip to Ecuador with my fiancee....next I'm travlin' to St. Petersburg next month to live there with her for a couple months until she can come back to the states...
Anyways been meanin' to check in and see how everyone is....I DO check the forum occassionaly for Trades excellent chartwork...but I've kept silent for a time...
Anyhow I do see the top of the channel in these markets and despite all the stimulous metals and most commodities are stumblin'...I take that as a warning sign for stocks, 'cause I think commodities would be stronger if we were going much higher...
So I'm buying index puts, slowly, starting today with a s&p April 1525 put....I will buy more when we have a good diversion setup with the technicals....
Looks like a classic 5 wave up too... Elloit-wave wise...
Anyways good trades to ya'll!
Cheers!
Ron