rhall6451

More downside likely..

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Today was the day that the market decided that the Feds inability to take action on combatting inflation is more hurtful than raising the interest rates. Got to love it. Anyways, I took this trade from the opening break high to about 434 where I was satisfied with 120% Put contract movement. Expect another pop and dro0p here soon, take warning, the bears are indeed very much in control.

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