It was a nice day in my neighborhood today, thanks to robust and powerful market gains. Common thinking dictates we head lower from here. The rally has been too much, too quick. However, that is the very reason why I love stocks here. It might end up biting me in the face (no bathsalts); but I am willing to take risks while up 21.5% for the year.
Today was all about pressing the tire to the helmet, crushing shorts trapped inside liquidity traps. Should this rally continue, the lot of you will feel as if Knight Capital ran the most egregious errant buy program ever. Because of that specter, I like my chances long VHC, TEA, CTRP and EXK.
The losses you are going to endure, small plebs from Seeking Alpha, will be of the medicinal nature, teaching you the balance of the earth and human intuition. You will take these lessons from my own hand and carve it into your memory, to avoid reoccurrence in the future. You will hate me in the short term. However, longer term, you will owe me your life and livelihood.
For that, I am more than accommodative to dispatch you here, burdening you under the pressures of elephantine losses.