IT WAS A TRAP!

Yesterday’s tepid rally was nothing more, or less, than a trap. European markets are being drilled into the floorboards, then anvils are being tossed onto them. Before the day is over, they’ll be down 4%.

I haven’t even bothered to turn on the television or read as to why futures are off by 250. I merely accept this circumstance as a part of life, something to wade through before my ultimate pineapple coffin destination.

As a young lad growing up in the sewers of Brooklyn, I always imagined a life like this. I’d go to work everyday, tortured by the stock market, then I’d die from a massive laser beam to the face, one day, amidst plenty of pomp and glory. Folk songs will be written about me, the man from the internets who used to trade stocks, until his fucking face was melted off by a laser beam to the chin.

I’m accepting of the bear market and only regret not acting sooner. But going forward, and especially after the dust settles, I know that old man stocks that pay large dividends will be where my fellow “industry professionals” will find shelter, away from the winter winds of annihilation.