BEARS KICKED INTO SEWER PIPE

This is precisely what I wanted to happen. As the market dipped into the red and all appeared to be lost, Le Fly picked up his Morals and Dogma book and spent his time educating himself about the perfidy of man.

It didn’t take long before the bears were captured and then kicked into sewer pipes. Markets are ignoring weakness in crude and driving liquidity back into biotech, tech and everything in between.

Truth be told, breadth isn’t exactly inspiring and there is some work left to be done. But on the whole, this is ideal, a market built and made to destroy anyone who bets against it.

TWTR is shooting through the rood and BIDU through the floor boards. It’s a tale of two markets and I own both.

For the day, I locked in my AMCX gains, added to BIDU and SLCA and bulked up on GILD–making it my 2nd largest position.