Good morning lads,
Pleasant day here in NJ — lots of sunshine and the frost isn’t too bad. Markets are selling off and those who are heavily long and leveraged into today’s tape deserve to have their genitals cut off. We really shouldn’t discuss it much further, other than remind people what happens to pigs around these parts of the woods.
That being said, the trend has been sharply higher — so you’d also be highly stupid to be out there naked short. You might get raped.
It’s best to be like me — almost exactly like me, but without all of the eccentricities. I know they encumber my growth in so many areas and they’re not as exotic as you might believe. Sometimes, as a point in fact, they are outright injurious to me. Nonetheless, let us all pray now for the end of the stock’d market and all that comes with it.
While your retirement funds might evaporate into dust and you might be forced to live in the streets with dirty drunkards, it will be a cause worth praying for.
Alongside my longs, I am hedged with SOXS, TZA, and FAZ. It’s a bit complicated, but my gameplan is to time my exits perfectly and then let my longs rip.
First we need some more downside, nothing too much — maybe 1,000 points MOAR.If you enjoy the content at iBankCoin, please follow us on Twitter