I booked a 19% gain in LABD and +7% in SOXS, both higher by more than 8% for the day. Those gains helped offset some of the other FUCKERY taking place in my brilliant bio-ag plays. I think this sell off is both fake and gay and truly believe, down to the deepest depths of my black heart, we’ll be back to skinning bears alive tomorrow.
It’s worth noting, the proceeds have gone to cash — since I have no interest in adding beta to a portfolio that is already a wild-animal-beast. Over in my cordially managed quant account, I cannot buy anything with my cash reserves until we get a systemwide oversold signal.
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