I'll give you some good news since so far today it's been all doom and gloom. Today's decline has been on very light volume. That's good cause it means there isn't much conviction in this decline. On the flip side, we could see the HFT's and 2X & 3x leveraged ETF's takes us down another 150 points on this thinly traded pullback. That's why I bought some insurance in the form of QQQ SEPT 51 puts.
This is not a recommendation to buy or sell any securities. DAK was short QQQ at time of publication but positions can change at anytime.
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