And I am doing my best to pop it. I have bought and sold a number of stocks — but maintained 133% leverage. I am hoping, if God is truly good, to leverage up to 200% by the day’s end for tomorrow’s fuckfest in the morning.
Regrettably, I sold QS in AH’s last night at $67ish. Seeing the stocks in the 80s now makes my heart warm with fuzzy feelings.
Amazing hubris in this tape now, although breadth is waning and looks to be waxing a little too. Truth is, I want the market to dive lower and for my head to crack solidly against the concrete floor. I don’t deserve this sordid returns and would like to give some back.
I was up 300bps this morning but have since HALVED my gains. I will try my hardest to HALVE them again.
Wish me luck.
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Good luck
Long SOXS
$1 in GE six months ago is now worth $2. Incredible days we are living. My grand father is about to give me a call. It’s time to invest. can’t stop the winning.
Fades everywhere.
“Granpa, where were you on the day that the bubble burst?”