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Yes, everything you mention about the uh-oh state of affairs we've got is cause to pay close attention - and to be prepared. But that is always the case w/the market, yes? By that I mean, even if I've bought a stock in an uptrend, with all the right indicators in favor, it could still topple tomorrow w/no warning, and w/out a stop I could stand to lose a lot.

The situation now is especially precarious adding another level of concern to an already vulnerable market. What little I know about options [precious little] suggests that I'm missing some money-making opportunities. But that'll just have to be the way it is, as I am not planning to learn them. What I will and do do, is trade inverse ETFs. For example, if a bear market is confirmed, then stocks like DOG, SDS, SH, SQQQ, etc., will be where I head. Right now I hold FAS; it's doing pretty well, as is KBE [bank index], and FAS should do well/much better if/when Janet finally lowers the boom.

This put trade that you're doing now, is that part of your "practice technique" for making money in a down market?
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