Buy GLD via selling Mar 91 puts, GLD around 106.50 at the time the order was filled. One person describes the trade this way, "you get paid to place bid." If the underlying goes down to the strike, you buy, if not you get the small premium. (I already sold Feb 92 GLD puts, and those are almost sure to go off the board.)
As for the stock market, it reminds me of the old saying about weather in the Midwest: "if you don't like the weather, wait a bit, it will change." Don't like the mood of the stock market, don't worry it will change. The market swings quickly from greed to fear and then back again.
Long GLD, TLT, TM, SPY
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