I have to be somewhere in a half hour and this fucking market is bananas. We were down 150 NASDAQ, and now barely 20. The Dow is surging and small caps are +2%. Meanwhile, my DUST position is firming and SOXS is barely down — a bet against the semis.
Every fiber in my body says to fade the tape; but that’s been suckers bets since March.
Until I am ready to sit down and get a grip on things, I’ll remain 70% cash.
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SRLN high and tight breakout the other day ..price target $49+. Crazy.
Does the bitch TINA live or die? She dies.
Opps, a wee tasteless comment. There Is No Alternative (TINA) refers to the investing situation we find ourselves in.