Don’t Get Caught Leaning

So today’s astrological significance, super blood moon/ total eclipse, is a once in a life time occurrence that has all of the “astro-bears” out with tidings of doom. Pray tell me, why do all of these omens couple with events of horror? Why can’t we all just drink a few martinis and see the market go higher?

Last week’s spectacle of our Federal Reserve Chairwoman mouth vomiting at the end of her abbreviated speech, followed by the absurd excuse of dehydration following a long, arduous day of speaking to other human beings, lends to an already uncertain environment, one that is ruled and enforced by the clowns out in Beijing.

China is slowing. Europe is staid. South America is a mess. Africa has never been relevant. American is the last hope for a generation of unfortunate souls, who’ve braved the burden of a volatile stock market–dating back to 1997.

One thing I can promise you is this: we could be entering the worst bear market since 2008 and you can still get wiped out leaning in short at the wrong time. Go into my archives and view the commentary from March of 2008. See how I was having fits short a market that was hell bent on bouncing, pretending nothing was wrong. Once the sellers exhaust themselves, buyers will creep back in and then drop the fucking anvil of absolute death onto their faces. It’s going to be horrific. We’re already deeply oversold and only a moron would press his shorts here.

We bounce. That’s all there is to it.

I like SHAK, GG, AMCX.