Long both PAH and VRX, waiting eagerly by the pagan X-mas tree for a jewish Santa Ackman to bestow MOAR gifts upon my person.
It was a solid day, all things considered. I was not impressed by the breadth of this rally, coming in at 74%. The big show down is tomorrow, when the fucking Federal Reserve convenes to destroy the U.S. economy by hiking rates into an earnings slump.
Nevertheless, we can still rally. In 2008, the market rallied for all sorts of stupid shit, then melted away into hell when people figured it all out. Take the trade. Enjoy the egg’d nog. Don’t trust anyone. There are rapists out there.
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