I don't disagree that the market is likely to move up to 10,800 or 11,000 by the end of the year. That said, I also am looking for a correction; I have a GTC buy order for TWM at 26.45 and a second buy order at $26. TWM is an Ultrashort Russell 2000 ETF; it moves 2-3x the S&P: when the S&P goes up 1%, TWM goes down by 2-3% and vice versa. I believe $26-$26.50 is a good entry point; it is presently selling for $27.75 - I would not buy it at that price. If the market corrects by 10%, TWM sho… More
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