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Yes something could happen in the meantime. fed pivot? highly doubt it at this time. not with inflation at 8% (more like 18%). dow just went below 200/233 on weekly chart. hardly any resistance. next week could be crazy. s&p sitting right on top of 200/233 on weekly as well. looking for around 3141 for s&p before we get a major bear market rally.

Yes something could happen in the meantime. fed pivot? highly doubt it at this time. not with inflation at 8% (more like 18%). dow just went below 200/233 on weekly chart. hardly any resistance. next week could be crazy. s&p sitting right on top of 200/233 on weekly as well. looking for around 3141 for s&p before we get a major bear market rally.

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[–] 1 pt

Set a stoploss on your shorts even if they are puts.

Don't be a dumbass.

And as the markets keep dipping, nurse your stoplosses so you can follow the price drops. At this point, you should be well into take profit territory.

[–] 0 pt

Yes sometimes short, sometimes long. Always have an exit strategy and a stop. Only bet what you are ok losing. All solid advice.