Thu, 8th Oct, page-25

MY TAKE ON THE MESS WERE IN
#ASX200 is going to 6100-200 - not today but soon

$SPX breaks 3400, next is ATH then Big Short 3.0
Great time to long FAANGU and rebuild into VIX position, once election tail risk volatility drops off a bit.

With demand decimated for the next few years, buy and hold long stocks is not the play. Bonds offer no real return, so what's the play??

• Smart money play is sell stocks and hedge with volatility post OCT-DEC opex

a lot of twitter post "Where do you see TSLA, FB, GOOG in 3/6/9/12 months" tells me people are naked long with no diversification, no hedge, no real adjustment for risk and no clue where their holding going. Dealers going to make sure calls expire worthless, because dealers are short calls.

Big unwind still coming, Biden or Trump win, i don't think it matters

--- you heard it first right here
IMO DYOR