The market looks very good this morning, doesn’t it? Apparently, all of you are ignoring the ominous HINDENBURG OMEN and have taken to the market like drone on ISIS. This is the part of the story when the hero takes a bold stand, only to be ambushed and held captive in a Siberian work camp for the next 6 months, before escaping and then finally defeating his enemies.
I am very pleased to see my stocks trade higher. I was going to buy some SLCA this morning, following Cramer’s inane comments, but opted to wait it out. I think the NASDAQ can run a quick 20 points from here and all will appear to be good again–until tomorrow when death itself calls upon you.
Be patient and remember the good days and the bad, when forming opinions on where to place your hard earned dollars. The last part of that sentence is important for you to acknowledge. These aren’t digits and numbers we’re playing with, but a lifetime’s worth of labor.
At any rate, my cash position is so high I might be forced to put a little money to work here.
Stay tuned.
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There is value out there. Namely in VXX, JDST, TZA and other of their ilk.
don’t do it ! … let the money burn a hole in yer pocket, sir ! 😮
Cracked pipes and malted liquor litters the floor as the heathens slurp the last bit of punch.
how many hindy’s have been fired off and ignored in the past couple years? I remember a couple in 2011/2012.
This time is different because the market has been screaming to the upside for 2 years plus the fed is tightening in a month.
The last several were bunched in early to mid June of last year and early to mid August of last year.
They typically cluster and they typically work. Nothing is a guarantee obviously.