Tuesday, July 15, 2008
if we're going to see a crash...
but time is probably better spent preparing for what to buy in the aftermath of a turnaround.
UPDATE: the answer is QLD and UYG, which i bought this morning as markets recovered from their early swoon. could easily be madness, but improving participation in the last two weeks in combination with implied volatility at upside outlier levels makes me game for a trade. maintaining positions in DUG and short FXI.