Jump Up To Enter the Helicopter Blades

Last month, almost to the day, the markets topped out–leaving bulls strewn across Wall Street, like some sort of degenerate trash. The fat faces on CNBC didn’t know what the fuck was going on, but I did. Over the past two weeks, markets have stabilized and surged into light volume, tryptamine induced, gluttony.

The bad news (fiscal cliff, really fucked up economy for another 4 years etc) has magically morphed into a catalyst to drive stocks higher–based upon the hopes of a deal. But you know our government, always opting for the dramatic course of action instead of the logical. We have elected monkeys dressed in fancy suits, who throw bananas at one another and ask us to clean up the mess. They intend to “tax the rich” in order to “create jobs”, spearheaded by unions, who will then finance their reelection campaigns. It is the ultimate circle jerk.

So as the markets figure out that the fiscal cliff is not only a risk but a reality, I strongly suggest ‘vamoosing’ out of high risk plays in exchange for a “Hugh Hendry” styled portfolio.