Fuck the crash of 1987. I remember that day as if it was yesterday, running around my stupid apartment, dodging cockroaches. I was 11 years old in 1987, an avid investor in all things to do with baseball cards and the occasional football variety.
Some of you are well aware of the caution flags exhibited inside of The PPT yesterday and the day prior. I take get pride when saying “I am in possession of a time machine, gentlemen. Would you like to go for a ride?”
We’re coming off an OVERBOUGHT condition, flagged two days. My position is one of supreme elegance, spitting in the faces of those who are short VHC. My FFIV position is higher too; but everything else in my chambers is lower, decidedly so. Current cash position, following yesterday’s sales, stands at 15%. My best guess, based upon the non-negotiable laws of mathematics of the sublime nature, is for the market to head lower over the next 5-7 days, as prophesied inside of the halls of The PPT.