Stock Market Bear Limits

By Gary Tanashian of Notes From The Rabbit Hole

NFTRH & Biiwii's Unique Market Perspectives • Feb 18, 2014 at 2:41 PM EST

So I bought some puts due to items like the SPX-Gold ratio, the BKX-SPX ratio and the average February seasonal as follows…

So I bought some puts due to items like the SPX-Gold ratio, the BKX-SPX ratio (a market leader which, like the SPY-GLD ratio has not risen with this bounce) and the average February seasonal as follows…

30 year avg. February Seasonal courtesy of Sentimentrader.com

Today is day 11. I was hoping it would be an up day in line with the pattern. If the next 2 days do not stay with the script that calls for February to get choppy, I’ll probably use that as an indicator based ‘stop loss’ and just manage a few stocks and of course the precious metals; especially if SPX-Gold and/or BKX-SPX start turning up.

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