I'm certainly not one to say I told you so .. BUT.. I did say this to you in post 19 when you were talking scared...
During the past 6 months there were plenty of times you could of made the case that scary news is coming and Market is too high .
Each time you'd of lost big time buying puts and this is no different .
During the past 6 months there were plenty of times you could of made the case that scary news is coming and Market is too high .
Each time you'd of lost big time buying puts and this is no different .
I am stubborn.
I’ll be tossing in the option towel should we move up another 2-3%, but will consider reducing shorter term taxable equity exposure ( but keeping IRA positions the same)
I would think that any talk of cap gain tax increases or corporate tax changes would result in some downside movement..
And as @genius said, from where that happens, no one knows