The ECB announces QE and the market went down. If the ECB didn’t announce QE, the market would go down. If space invaders landed in Nebraska, the market would go down. If God himself appeared on Wall Street and told everyone to buy stocks, the market would go up, then reverse lower after bears spread the rumor that God was secretly short.
Everyone is a cynic. No one believes the ECB or the Fed; and as a result, stocks are going down.
Despite the market being near new highs, multiple sectors have been obliterated over the past year, laying the the groundwork for a diseased investor sentiment.
Be a trader. Swing in and out of stocks like a gorilla on a vine. We are in a trough and it feels like hell. Understand that life is all about peaks and troughs. Survive the troughs, slay the peaks. If I ever say “rinse and repeat”, you have my permission to attempt to kill me.
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Just relax
and long the DAX
If there was ever a day to just eat a sandwich today would be it.
January 22nd, 2015. Sandwich Day.
+1
Without the disbelief that QE works [in pushing up asset prices], QE wouldn’t work.
Did you know that Jan. 21st is the day when humans are most depressed, proven by the highest amounts of suicides than any other day?
GOOD TIMES
“Blue Monday” was the 19th.
Here’s what you do, imo:
Crack open a bottle of mid-grade Bordeaux, or other type of wine. Drink it without eating a thing. Find something of medium-worth. A bland vase that nobody notices or really cares about, maybe some other nic-nac. Go outside, toss it in the air without exerting too much effort. Don’t launch it, just a casual toss straight up. Make sure you are standing on concrete. Let it fall and break. What a feeling.
Then you make a sandwich.
turkey club. extra bacon.
I’m hiding in my Mindcraft castle under my 1 sheet with my 1 hog… awaiting the moment I can use all my stored gold and silver to buy bread at the local bread lines which are sure to be forming as I type.
lol
your analogy game is top notch, sir. love the gorilla on a vine mental image. i bet the gorilla throws feces at his enemies as well.
Gorillas don’t swing on vines. The nugget is permission to attempt to kill me.
Right, that last line was great.
fade everything. including the fade. then fade that also.
then hit it one last time with a fade.
After I fade the fade I am going to go to my barber and ask for a fade.
I’ve had the flu all week. Only fade is on my pillow.
Fade away guys, but don’t get left behind as we grind higher and higher. Much easier to take a position in quality stocks and add on the dips. Same as it ever was.
+1
$vix in crash mode