The subject of last weekend's update was, "Plunge Pending." It took less than two trading days for the newest trade recommendation ("Into The Close" - Sep 29) to rise 95%. This may be enough to suggest ,"Plunge - Starting." By the looks of the index charts below, it's still not too late to get in on the fun as this selloff has that look of much more to go on the downside. It's OK to hold October positions at least through this week, but any new money or roll-overs in strikes should go out to Nov 17th expiration across all indices. I've updated our plunge-friendly positions at the bottom of this update. DJI Intermediate Term Trading Model SPY Intermediate Term Trading Model QQQ Intermediate Term Trading Model VIX Intermediate Term Trading Model TLT Intermediate Term Trend Model US 10 Year Yield Strong upward momentum in 10 Year yield is weighing heavily on stock and bond markets. PLUNGE Options & Expirations Direct new money to the two November expirations.
