MEGA RAMP INTO THE CLOSE; BEARS GOT THEIR LIVERS RIPPED OUT FOR THEM

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I made 8.9% in my algo account, +2% in trading and +2.2% in Quant. For the month, I shed roughly 7.5% in trading and just 2.6% in the Quant — which is impressive all things considered. The end of day ramp is classic — fear converts into greed and cashes checks on the shorts until they acquiesce and absorb losses. The next phase of this rally will be perverse and might last much longer than you think.

Or we get get some fucked news out of Russia and down we go.

All things considered, this was precisely what the doctor asked for. I have a basket of stocks in Stocklabs of beaten down names, 250 of them. It was up more than 9% for the session. Tech lifted off by nearly 5% and a sundry of dead stocks rose from the ashes and posted double digit gains.

In all, almost 500 stocks lifted by 10% or more today.

I am fully invested and with a little leverage into tomorrow. I am this way due to a malady of mine called greed and it has shadowed me and haunted me ever since I found out the value of money.