Ugh, these bear markets are a total grind, aren’t they? More on that in a moment.
I just re-entered my short position on QQQ (November $310 puts) due to this touch:
Here’s my most ambitious target price for the balance of this year:
As for my whining about the gyrations of bear markets – – you see, below is an example of the SPY from not long ago. You’ll notice that there’s barely a single downtick when stocks are in bull mode. It wasn’t a series of up 10, down 8, up 10, down 8, and so forth. More like up 10, down 1, up 10, down 1, and so forth. How envious I am!
