I'm not an alarmist, and I'm not IN ANYWAY a "CRASH HAWK". I think mindset is destructive to trading accounts. With that said, from a purely quant analysis perspective, the data tells me a March 2020 repeat is on deck, very soon. I want to TEMPER that: a purely quantitative...

...approach to markets has its advantages and disadvantages. That's right, ITS LIKE ANY OTHER APPROACH. With that said, to express my opinion in a risk conscious way, I don't need much size. I can make a lot on a little, and if I'm wrong, I lose a small amount.

What is the alternative to a limited SHORT side allocation? Well, being LONG is the alternative. How much size do I need on the long side? How much room do you think the market has to run to the upside? 5%, 10%, 15%? I don't disagree if someone were to tell me that the mkt has...

...room to run up. Of course it does, ANYTING IS POSSIBLE. But how much? Being SHORT, I acknowledge the upside. If you're LONG, do you acknowledge the downside? If not, then how can you allocate? You can't. You need to understand how much room there is on each side of your price!