We are not in 2008, so take it easy with your shorts. At least, I think the SPY will have new high this yr. SPX1100 is a key fighting zone, let others fight, I (pig) watch, then, whoever win, I am in. Nothing wrong to be all cash NOW.
I'm not 老大, just a little frog and happened to hold JASO for a while. It looks really bearish right now. Not sure where the support is. I thought around $5 should be a strong support and it may go back to this area and form a range.
Beware Euro short squeeze. Everybody is shorting Euro. How can anybody make money if all on one side of trade. I just used my TZA's gain to load some fxe Jun calls. Maybe I am early.