I rarely get signals as strong qas the 40 handle on the Equity Put call ratio...this is toppy not "start of a new bull" as many are proclaiming.
We need to see if a quick run back to below 1000 will shock some folks in the next 30 days and 950 SPX is again in question ...we will not go longer until we see a test.
Economy on fumes and we need more data !
20% short 30% long at the start of the end of the month !
Tom
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