I am short, waiting for US indices to crash. Hopefully this finally happens as all the news are talking about "sharp drop in consumption" this summer. Dropping interest rates is a deflationary indicator, during deflation assets drop in value, dollar rises in value. I am positioned accordingly. I liked the strong drop on thursday , this gives me confidence that top finally is in.
Thank You! You're absolutely right about small caps. I was lucky that that I was holding TNA bought around $36. This things can go up to $90 during small cap rally.
