I believe so. That is why I am raising my short profile. But I am also giving myself breathing room because I could see this going to early May. The stock market is not an exact science.
i agree with the short thesis, but what happens if the news continues to be good? how do we know that it won't continue? why isn't the market going up another 20% and then down 50% in a year or two? that seems like the higher probability scenario...
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So you think the correction or pullback will begin this week? How long, big are you expecting? thanks
I think one will start by early May at the latest but it could start at anytime. Between now and early May I am going to build up my position.
are we approaching the "exquisite" short opportunity yet?
I believe so. That is why I am raising my short profile. But I am also giving myself breathing room because I could see this going to early May. The stock market is not an exact science.
i agree with the short thesis, but what happens if the news continues to be good? how do we know that it won't continue? why isn't the market going up another 20% and then down 50% in a year or two? that seems like the higher probability scenario...
Indicators are at a point that have led to tops in strong bull markets in expanding economies.
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