The Seductions of a 50-50 Bet

by Rick Ackerman

The current E-Mini S&P tout highlights the risk of betting aggressively with stocks at these airless heights.

Look at the chart that accompanies the tout and you may conclude as I have that a spectacular move in either direction is possible.

It’s not a 50-50 bet, however, since, as we all know, the futures could swing wildly in one direction, and then the other, before embarking on a major trend leg.

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