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Careful
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Careful

Careful

by MoleAugust 4, 2011

Tho I (Volar) think we may be in a bear market, and I am likely going to short the next rally, I dont want you all to do something really stupid right here right now…

13mm equity puts yesterday.

So you see…. if your short, consider a trailing stop. I AM NOT LONG. I would be if I knew we were in a bull market, which I do not know….

Here is that Hulbert daily.

If we are in a bear market we have a ways to go… but dont be suprised if we reach levels not seen since the flash crash by tomorrow.

Just saying to be a little cautious…

Best of luck trading,

-Volar

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About The Author
Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.