Meat Grinder

Ok. That was fucked up. I kept peeking out of my trading turret today, with little encouragement. Rampant negativism, bordering on panic is setting in, thanks to the ass clowns in D.C., and their fuck-buddy banker friends. (Sorry to be so blunt).

Other than buy a little more [[FXP]] , I did nothing. I just sat and watched the mayhem. Over the past week, I’ve built my cash position up to 38%.  With 27% in bonds, 20% in stocks and 15% in ETFs of the various inverse variety—- I’m knocked down, but not knocked out.

The market is going through the meat grinder. This happens occasionally, when things get super-FUBARed,….. like right now.

Don’t panic, but do protect yourself from the mean-sprited clown fuckers and stupid politicians. Instead of moaning and whining to your compadres, as much as reasonably possible, try and get market neutral. Then figure things out from there.

Above all, maintain a positive outlook on life. Do something that makes you feel good about yourself. Throw ball pein hammers at politicians. Make a crank call to Hank Paulson and then hang up. Banks will fail. We will get past this. Life will go on (although in a somewhat “Road Warrior” fashion). You see, what we need to do is just be prepared for things to get worse. Batten down the hatches on your personal bunker. Stock up on some gold coins, guns, food and water if that makes you feel better. Keep things in perspective. It could be much worse.