Quote Originally Posted by Surferbeetle View Post
Since I believe that in chaos there is often opportunity to be found...
A friend of mine who is an active trader has been bearish on the market for the past two years. The vast majority of his purchases in that time were put options against the S&P. He still buys them everytime the market goes up about 500 points (about once per week) and then turns around and sells at a hefty profit when it tanks again (about once per week). He'll be retiring early.