[Locked in]

As Mr. Good mentioned on this thread earlier, the greek etf GREK had a breakout to all time highs a week or two ago. I noticed it has made a nice pullback since then and might be about time for a pullback entry. I usually like to wait until it starts heading up..

Anyway, with the SP500 being so parabolic recently, I feel if/when we see the pullback, some of that money might flow into Europe. I was thinking GREK might be a nice hedge against open investor positions in the US markets.??. Could always go the supershort sp500 method as well (SDS). Just wondering what you guys think-