(12-06-2018, 11:03 AM)Otter Wrote: Even with today's drop (so far) S&P 500 still sporting a 21.67 trailing P/E. Just need a 27.4% drop, and we'll make it back to the historical mean.
Hey you're supposed to be cheering us up lol. If that 27.4% drop happens I am breaking out the "crash fund". It's tempting today but I know better. It's going to take a lot to get this market to move up for more than a week.
Sold some new SO puts today. Bought back an HD 180 call for cheap just to get some loose funds in case this gets worse. I'd like to sell a MMM put but I'm skeered of industrials until the tariff noise is closer to resolved.