### Comment:
You write put spreads slowly as it goes lower? Or just wait till End of day Monday to see where the 'market feels' it's going. 
  
 I think selling/writing put spreads on SPY will be the answer as you know the market will rip up to make those who bought puts feel pain. 


### REPLY:
&gt; What other data do I need to ascertain that this was an optimal time to purchase stocks for the long term? 
  
 I'm not interested in day-trading, but I'm looking at macro signals for good buying opportunities.

### END.