Let me just say, any sell off caused by this Congressional dysfunction is pure fiction and should be bought. Sure, there will be a hit to GDP and S&P might downgrade US debt to junk status; but we have guns, butter, and plenty of gin. There isn’t anything, literally, that can derail the bull run, so do not fear the coming correction.
I’m hoping for stocks to trade down 200-900 points tomorrow. After all, I am a neutral position of only being long 100% of my assets. I intend to leverage up to 150% long, with a full chest, heart filled with rage, as soon as The PPT flags another golden oversold opportunity.
All of the favorite names should be on the watch list: YELP, TRLA, ANGI, maybe a little GOGO if it comes down low enough.
“The Fly” is laughing out loud (no LOL) at the misfits in Congress, whilst eating his dinner–accompanied by a glass of water ( I practice absolute discretion on a continuous basis). I am hoping for massive carnage, irreversible if possible, to be done to the credibility of this fine institution, alongside the complete and utter failure of Obama-care. I harbor extreme irrational disdain for my elected officials, local and national, and hope that they fail at every thing that they attempt to accomplish.
The welfare state is alive and well. There are scores of people, mostly criminally minded vagrants, who enjoy the Obama administration, in all of its high strung ineptitude. Hey, by the way, how’s Michelle doing these days? Any fashion statements to speak of? I am sure she’s revealed her new “fall look” for all of us lowly citizens to revel and gossip about.
Citizens of the United Steaks of America, go about your business and watch the foolsball game on the tube. Drink excessive quantities of pumpkin ale and eat as many BBQ chicken wings as your heart desires (extra Eddie Barzoon). The government has declared tomorrow to be “stock market loss day.” Try to enjoy it with all of its new school grandeur.