A strategy for all six markets?

[Guest listolyman]

Hi Kim,

In Van Tharp's book he recommends a strategy for all six market types:

1- Bull high volatility

2- Bull low volatility

3- Sideways high volatility

4- Sideways low volatility

5- Bear high volatility

6- Bear low volatility

With our varying non-directional trades(IC, pre-earnings (ric, straddle, strangle, and calendars) are we covered for all six market types?

Mitch

[Kim 7,943]

In our case we care more about volatility changes and not market direction. Bull high volatility for us is not as good as bear high volatility since it is usually followed by decrease in IV. But overall we should be covered fairly well.