$SPY Any dip is a buy today; Expected it to close over 255 or atleast 250. Option sellers needs to collect all high theta put premium. Trillions of foreign funds are getting poured in US, Japan, China, German, UK equity markets. World capitalists know these countries will recover and fix the virus related issues faster than anyone else and we are living in 2020; not 1930. So if someone still look for 130, 140, 160 area for bottom then better to avoid those ignorants. They will be the first one to miss the coming gigantic economic rally and also be the first one to donate money to Put sellers. Thats how economy works; they are in full capitulation mode now and see this over 400 in less than 2 years.
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