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Well, it looks like this morning’s modest sell-off is already wrecked, so let’s turn our attention to something specific: the man in the brown truck. United Parcel Service (UPS) had a big price gap between the 15th and 16th of September which it has just about closed. I’ve already entered a starter position (April 21 $200 puts) and will augment it as we push closer to the gap.

Here’s the big picture. In the months ahead, this may turn out to be a sensational top.


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