My only equity long is APT, up a cool 20% after hours after a stunning Ebola really on Thursday. My entry was at $3.50 inside 12631. I still think Ebola lays can trade independently of equities.
As I noted, I am out of pocket the rest of this week and in heavy cash.
However, this type of violent indecision in the market typically presages a meaningful leg lower, if not an outright crash. And I do not say that lightly. Still, it is what it is.
Risk remains lower.
hazmat suits are hot hot hot!!!
http://www.al.com/news/birmingham/index.ssf/2014/10/passenger_with_symptoms_of_ebo.html
Thank you Chess. You are the only major blogger on this site to recognize that this thing is imploding. OA and Fly talking up equities like Jim Cramer in 2008 as the market dropped and dropped and dropped.
I appreciate your guidance, as it is seemingly the only rational voice available here.
“My only equity long is APT”
Chess causing widespread …portfolio envy
yeah, you’re nailing it man!