You have to look at the fair value, chaps.
I expect there to be massive amounts of carnage and blood to be flowing in the streets of Wall tomorrow. There isn’t a Bearded Clam anymore, just a nice olde lady at the Fed who is busy knitting her grandkids new sweaters.
There isn’t any cocaine left either. Ben took it with him to the Bering Sea.
I don’t expect the crash to occur overnight. Rather, I believe it will slowly develop until the last bull, the very last bovine, gives up in an act of grave desperation. At that point, I shall reenter the markets with a full chest and bury as many bears as I can, at least what is possible for one, singular, human being.
Today I was AFOP’d and my YTD gains are all but gone. I’ve been reckless and complacent. But I am still in the game, as crazy as ever, with a point to prove–yet again.
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Goatfuckery
YELP for the 100 roll, sir FLY. And/or starters in DDD. Anything less would be uncivilized.
You are going to zero out your brokerage account.
Nonsense.
Says the man on the verge of zeroing out his accounts.
Says the man up over 40% this year with half his account in muni CEF, NQI, and the ultralong Treasuries ETF, TMF.
Who knows what you people do in your spare time?
Be careful. Calling a little old lady a little old lady is sexist according to some of the crazy lefty girly men around here.
I don’t give a shit about that, or the other thing.
I believe the correct term is politically correct metrosexuals of leftist leanings.
Pershing Square up 3.8% in Jan – year of vindication for Ackman as Fly predicted.
@Fly, are you considering going short at this point?
yes
Glad to hear you are still as crazy as ever, just wouldn’t be the same otherwise.