thats what i'm waiting for... too be honest, I don't want to be burnt on this trade. I think the Dow is likely to pull back 500 points easy... its close to 3%... A 500 point fall in the S&P is more unlikely.. its like a 20% fall..
I just want to make sure, if I go long (after a pull back) I dont want to lose 5 grand the next day - ie... the higher the dow goes, the greater point fall is a less %...
The next fall, I'm going long the dow - time to mortgage the house..
