“Am I supposed to throw my money into a fireplace, just to entertain the likes of you?”
I am looking at the market closely this morning and see a lot of underlying weakness. This weakness can be canceled out and pissed on by the dip buyers quickly. However, for now, there is notable weakness in a number of key industries. Considering the global policy of money creation, gold and silver are most likely your safest bets; but the miners are subject to wild swings, so be sure to fix your stomach for volatility.
In my personal aggressive account, all I own is TZA and cash. In managed, I have a little CPST and VXX. I am tempted to buy TLT here; but it feels like a waste of my time. I much rather wait out the superfluities of all of you asshats and buy a serious dip. If you cannot understand what I am doing here, feel free to fuck yourselves and loiter in the yahoo message boards instead of here. Anyone who grows tired of my management style can fuck off. But you already knew that.
The risks to the system today are the same as in 2011. The Greek bailout is a complete and utter joke. And I am not saying this as a cynic, someone who is down big in dastardly short positions. Quite the contrary. I am a mere objective spectator, a watcher of equities and news. In my opinion, there isn’t any justification to be bullish up here. Some stocks are so overvalued, so grotesquely stretched, that I fear the snap back is going to be violent enough to shock many of you back into state run mental facilities.If you enjoy the content at iBankCoin, please follow us on Twitter