Immediately following the high valuation collapse of 2014, I told you the market would follow the path of 2000, luring people into a false sense of security. Well, here we are, attempting to hit epic highs. The ‘bubble basket’ that I created back then is back to break even, +20% since April.
I will keep this very, very simple.
You are feeling good now, almost euphoric. Everyone is bullish again and the pikers are having a field day.
NOW IS THE TIME TO SELL, before the disgusting filth in the streets figures it all out.
Unwind young man. For the love of God, unwind.
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C’mon one more fix…just a hit…a little taste
Risk at your own peril.
That last bump up the nose will suck you right back in. Then it’s an 8 ball maybe two. Don’t do it!!!
So what are you selling Le Fly?
Still you will keep all stocks for 5 years hold plan, right ? I am tempted to sell GILD, though. Thanks.
sqqq, tza, srty, spxs type play??
nah nigga
I’ll sell after I cash in sept options
So why then are you fully invested?
I am telling you now, even before I start selling. There isn’t a rush. I will begin to unwind trading positions.
5 year positions will remain intact. I will raise cash and buy the blood.
Aren’t tops usually more euphoric than this?
You have trader friends? Cockiness at all time highs
I agree sir, I so agree. Why give it all back. No fucking way!! NOT this time!!!!
This thing is going hyperbolic guys. 😉
Just not sure its going to happen this sson, it it does may be ’87 style. Far too many advisors sitting in cash 30%+, waiting for the blood since spring.. Me thinks they push it higher to max pain level.
Time will tell.
Anyone care to guess the top? Maybe not this week, but I’m thinking another 80 or so on the S&P, assuming no more vodka induced sabre rattling or US forces into Syraq.
Don’t you think this continues through
401K season.U.S. economy is still
improving.
‘Get ready for S&P 2300’
Today I will buy SPY and QQQ. I like the setup.
How can I lose?