The 15 minutes of fame for tech bears has ended with a sharp upside reversal in all of my favorite names, namely in the cloud computing space. God only knows how dear they are to my heart. Incidentally, I took out a small short position in MELI, just prior to its full recovery and subsequent short squeeze. That’s always a good feeling.
Gold has reversed lower, helping out my AEM short. But, as the Lord dictates, nasdaq much be purchased, aggressively and on a continuous basis.
Look for something oddballish and spectacular to occur today. I can envision nothing less than a fantastical ending to today’s joyfest.
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The Fly is GOD!!!!!
What he said.
OK…Looks like VIX is putting a solid floor @ 21…meaning taking some stabs at short positions,but if that thing breaks below 20…Well you know – DOW 36,000
I’m now short gold. Time for it to blast off to 1500 by EOD.
i always was told to short the second leg down of the bubble… the worst is yet to come. no need to be a hero here.
I’m headed over to the Big Picture blog to get my dose of crackpot socialism if anyone wants to come
Barry is good peeps.
Shall I say it?
fuck yea
nasdaq much be purchased
V.King
10-10-10 is Sunday.
Should I get the bomb shelter ready?
tc are running in that?
or should have said, V are you running in that?
Hey, everything I own is down today, all at once. Hurray! That makes no sense!
I’m gonna just stop coming out here and have a message sent to my phone when VXX hits $20 again.
I can see it now:
Cain on the golf course;
BZZZ BZZZ
Golf buddy: “What was that?”
Cain driving off with the cart and both sets of clubs: “Fuck off, life is finally starting again.”
look at all the indicators on vxx today.could be time to back in the tractor trailor.
I actually like Barry and his blog is quite useful but I’ll admit I lean conservative and him always telling us he’s not a liberal is annoying. Okay, no more on this subject.